Most of us could use a bit of financial help as we get older. For those who live on a fixed income, senior discounts can make the difference between being broke at the end of the month or having...
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...
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...
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...
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...
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%...
It can be uncomfortable talking about personal details of your life, but it’s extremely important, especially for seniors. As they age and slowly near the end of their life, seniors should talk to their families and keep them informed,...
What is senior financial health? We always talk to physical, emotional and mental health but what about financial? The number of seniors in North America is increasing yearly. Do these seniors feel well financially?Surprisingly, seniors, which include those 50 and over...
