For seniors who have been paying for life insurance for a decade or more, their policies could now be reaching a point of high profitability thanks to their generated cash value. With the cost of living rising to the...
The well-being of seniors in nursing homes is very important when choosing a home for your aging loved one. It's not just about choosing a nursing home with a good reputation and lots of activities, but also about checking...
Unlike other countries, Canada has government regulations in place to protect the rights of homeowners who take reverse mortgages.The bank will never own your home The bank can only demand the principal and interest that has accumulated over...
Preparing financially for your retirement is a lifelong project. That should not make you feel intimidated, rather it should make you realize that you have some time to figure things out. But there are certain goals that you should...
While it may be uncomfortable, you are going to need a will for when you pass away or if you are ever incapacitated. This is especially true if you have children or possess many assets. One of the kindest...
Let’s face it, as wonderful as retirement can be, it can also easily become boring at times, especially if you’re winding down from an active career or lifestyle. Some seniors idle the hours away in front of the television...
The world is becoming more conscious of the environment. More and more people are keen to play an active role in protecting the planet. More people look for ways to make a house more green, keen to make eco-friendly methods...
Reverse mortgages are loans that allow homeowners to use their properties existing equity to get finance without the need to sell their home.Reverse mortgages are just like any other type of loan, the key difference is how they are...
Moving an elderly person into your own home is not just a decision. It is something that often leads to a certain lifestyle change, no matter how slight. Still, it’s not a change for the worse. If anything, an...
A common concern for many retirees is running out of money during retirement. Unfortunately, there is a reason to be concerned. Healthcare costs are high, people are living longer, and other issues are present. Also, the best financial planning...