Downsizing vs reverse mortgage: which option is right for you?

By External Author |

For many Canadians approaching retirement, their home is by far their largest asset. With detached homes in major cities selling for well above $1 million, it’s not surprising that owners expect to tap into that equity to help fund their golden years, prompting the common refrain: “My home is my retirement fund.” 

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Original Article Source Credits:   Money Sense ,

Article Written By:  TAMAR SATOV 

Original Article Posted on:  FEBRUARY 1, 2021

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