Posts Tagged “Using Home Equity to Build Wealth for Retirement”

When is the Best Time to Right Size Your Life?

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When is the Best Time to Right Size Your Life?

One of the most common dilemma’s faced by retirees is “When should I downsize and move to a new place?” It’s never easy to decide when to leave the family home you have lived in for decades. It can be a very emotional decision to make. I have had clients move from homes that have…

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9 Ways To Make The Bathroom Safer For Aging In Place

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9 Ways To Make The Bathroom Safer For Aging In Place

  Want to stay in your home as you get older? Many seniors remain in relatively good health throughout their lives, but still find themselves plagued with diminishing reflexes, vision, or mobility. The only way a home will continue to work in this case is if it is modified a bit for aging in place….

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10 Upsides of Downsizing

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10 Upsides of Downsizing

Need a breathe of fresh air in your life? Consider downsizing both your space and your stuff. With less space and fewer possessions to worry about, you can spend less of your time and money caring for, cleaning, organizing, and maintaining things and focus on other priorities.   As you hit your Boomer and senior…

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Making An Older Home Appeal To Young Buyers

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Making An Older Home Appeal To Young Buyers

The one thing that unites young buyers is they do not want to buy a place that looks old and dinghy and needs lots of unexpected, expensive repairs – regardless of when it was built. They are looking for something that allows them to move in and do minimal work to update the property.  …

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Should You Move Or Make Your Home More Accessible?

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Should You Move Or Make Your Home More Accessible?

If you’re approaching retirement or already there, you might be thinking of downsizing to a home that will be accessible to you as you get older. Alternatively, you may say that you never want to leave your beloved home. Here’s a reality check. Along with the memories, your home may also be filled with stairs,…

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Having A Mortgage In Retirement Can Cramp Your Style

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Having A Mortgage In Retirement Can Cramp Your Style

At 65, will you still have a mortgage hanging over your head? Are you a Boomer over 50 who will still be making mortgage payment once you reach normal retirement age? If so, you’ll be like 35% of other senior homeowners, according to the Canadian Association Of Accredited Mortgage Professionals. As a senior, a mortgage…

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