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The Taxation of Reverse Mortgages in Canada: Key Insights for Homeowners

A reverse mortgage can be a powerful financial tool for Canadian homeowners aged 55 or older, offering the flexibility to access home equity without making monthly payments. However, the tax implicati... ...more

Reverse Mortgage

October 11, 2024•3 min read

Thriving on a Fixed Income in Retirement: A Financial Professional's Guide

Retirement ushers in a new phase where the steady paychecks of your working years are replaced by fixed income sources. While this change requires adjustment, strategic planning and disciplined financ... ...more

Seniors Financial Planning

July 15, 2024•3 min read

Navigating Retirement Assistance Programs for Canadian Seniors

Transitioning from a steady job into retirement can be a daunting experience. For many, the concern lies in whether their accumulated savings will be enough to sustain them through this new phase of l... ...more

Senior Assistance Programs

July 15, 2024•3 min read

Older Canadians Increasingly Opt to Age in Place

A report from the Canada Mortgage and Housing Corporation (CMHC) highlights a growing trend among senior Canadians: many are choosing to remain in their homes as they age. This pattern is particularly... ...more

Reverse Mortgage

July 15, 2024•2 min read

5 Lifelong Retirement Activities for Your Golden Years

Retirement marks the beginning of a new and exciting chapter in life. The secret to a fulfilling retirement lies in discovering activities that you can enjoy for years to come—activities that keep you... ...more

Health and Wellness

July 15, 2024•2 min read