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Saude
Animal
Everyday retirement money in Canada, worked out against the pension.
Sunday mornings: one household cost, worked out against a pension.
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Home

Staying, selling, borrowing against the house and paying the property tax on a pension income.

A couple in their seventies carrying moving boxes down the front steps of a brick house.
What downsizing actually frees up once all the costs are counted

The gap between the old house and the new one is not the money in hand. Commission, land transfer tax, legal fees and the move itself come off first.

Saude Animal Editorial · · 6 min read
A man in his seventies leaning on the porch railing of his clapboard house in a small town.
Home
What a reverse mortgage really costs over ten years

No monthly payments sounds like no cost. With interest added to the balance, a loan at an assumed 7% roughly doubles in about ten years. One illustrative loan, followed year by year.

6 min read
 A woman in her late sixties raking leaves on the lawn in front of her bungalow.
Home
The property tax deferral programs older homeowners can ask about

British Columbia, Alberta and some cities will pay or postpone the property tax bill and collect it later, usually when the home is sold. Interest is the part to read twice.

6 min read
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