Your Home Can Help you Live a Better Retirement
December 6 2018 Posted by
Saving enough for your retirement in Canada can be a challenge.
Today, many Canadians just like you, are looking for ways to supplement their income as they enjoy their golden years. All too often, retirees are not fully aware of all their financial options and consider downsizing their home and leaving the community that they love in order to make ends meet.
Fortunately, you can acquire the money you need without having to move or sell your home. Consider a CHIP Reverse Mortgage. A reverse mortgage allows you access up to the equity in your home as tax-free money. You are able to retain ownership and there are no monthly payments for as long as you live in the home.
So whether you’re looking to alleviate debt, increase your monthly cash flow, or even take that dream vacation a reverse mortgage can be the option you’ve been looking for.
If you would like to learn more about how a reverse mortgage can benefit you, please contact us and we’ll be happy to answer any questions you may and provide you with more information so you can make the right choice.