Ask a Planner

Planning to use your home equity in retirement

Real estate equity is a big part of seniors’ net worth. Some Canadian retirees may want or need to...

Retired Money

Why “unretirement” may be the fate of so many Canadians

Economic uncertainty, inflation and the decline of workplace pensions have left growing numbers of seniors unable to leave their...

Real Estate

How to use equity to buy a second home

We look at four common ways of financing the purchase of a second property using equity built up in...

Retirement

How does a reverse mortgage work in Canada?

A reverse mortgage advances you funds from a house you own. Find out if this option is right for...

Save

Why a reverse mortgage should be a last resort for most Canadian retirees

Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...

Retirement

Planning for retirement with little or no savings to draw on

Presented By

National Bank of Canada

News

Top financial innovations of the last 25 years

MoneySense was born 25 years ago. This list of 25 financial innovations shows how much personal finance has changed...

Ask a Planner

Should retirees consider a home equity sharing agreement (HESA)?

Home owners have a new way to tap their home equity. How does the HESA compare to a reverse...

Ask a Planner

Should I sell and rent or get a reverse mortgage?

What to consider before selling your home or getting a reverse mortgage. The math reveals the real costs for...