Providing care for an aging loved one or a person with disabilities is challenging but also rewarding. Caregivers have the chance to ensure their loved one's quality of life is the best it can be by assisting with activities of...
Even if you aren’t a caregiver for your elderly parents there may come a time when financial issues have to be discussed with them. Sometimes seniors aren’t able to handle their money as well when they age. Often this...
For seniors who are thinking of downsizing or relocating in retirement, the question always comes down to rent or buy. Some seniors may be selling their family home and others may have rented for years but still the question...
Many seniors have grown up with the idea of automatically purchasing life insurance. The main reason for having it was in case of the loss of a family member who was also the family breadwinner. Without any income the...
Sadly, a new report provided to the Financial Post from ratings agency Equifax Canada Inc. shows that the average debt for consumers aged 65 and over has been climbing by approximately 7% per year, the largest increase for any age...
Sadly, the most common reason to liquidate a home is the passing of a loved one. There are no words to describe the pain of loss, or the overwhelming stress caused by dealing with the final affairs. The responsibility...
Retirement is a phase of life that can be both exciting and intimidating. These years may include taking up new hobbies, traveling, spending time with family or even moving into a new and more comfortable home. In 2017, 38%...
Debt is a basic fact of life for most people – and honestly, that’s usually not much of a problem. Everything from credit cards and student loans to decades-long mortgages are day-to-day realities all across the UK. As long...
Congratulations on finding love again and deciding to remarry. Seniors are remarrying in record numbers. Perhaps your divorce occurred when you were in your 50s, 60s, or even later, or your marriage may have ended with the death of...
Recently we discovered an article published by The Globe and Mail, ‘Seniors taking out mortgages – is it ever a good idea?' By Diane Jermyn. The article follows a senior couple who are considering accessing funds locked up in...
