If you're entering retirement or recently retired, you may be worried about money. Many seniors find it hard to adjust to the fact that they're no longer receiving a steady stream of income. House flipping can be a great...
Retirement is an exciting time in anyone's life. You've worked hard and are now looking forward to a time of relaxation and spending time with the people you love the most in life.
Still, in today's society, having enough money...
Inflation has shot up over recent months, making it increasingly difficult for Canadians to make the most of every dollar spent. And the situation is even direr for seniors on a fixed income.
Government Aid Can’t Keep Up With Inflation
The...
Probate is one of the saddest aspects of law, as it discusses the death of an individual and the distribution of their estate after their passing.
Surviving relatives often have to fill the roles of executor, and the legal right...
In today's economy, it's more important than ever to get rid of any extra debt you may have as quickly as possible. While there are many ways to do this, paying off your mortgage debt is one of the...
Most Canadians strive to pay off their mortgages by the time they retire. But some may choose to take out a mortgage after retirement, for a variety of reasons.
The question is, is it a good idea to take out...
In the United States, senior citizens or the elderly refer to persons aged 65 and above. On the other hand, retirees refer to people who have left the workforce for good–whether voluntarily or by reaching the full retirement age...
According to an Ipsos survey, 80% of Canadians give up on their new year’s resolutions before the year is over, with the majority throwing in the towel before the end of February. Therefore, now may be a good time...
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...
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...