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Mortgage Broker News | 22 Jun 2015, 09:00 AM Agree 0
More homeowners may be proactive in reducing their mortgage debt, but it appears they are doing so at the expense of saving for retirement.
  • Dale Scott | 23 Jun 2015, 09:17 AM Agree 0
    The problem is that most people simply do not have enough money to meet all of their financial goals and are subsequently forced to prioritize. Retirement probably gets the sidelined because by definition it is in the future and viewed positivitely whereas mortgages are a present and continuous liability/worry.

    Look how hard it is to retire without some kind of assistance in Canada, this retirement home website's advice guide for how to afford retirement basically says use government aid (which is hardish to get) and hope family can help you.

    http://www.comfortlife.ca/retirement-communities/how-to-afford-a-retirement-home
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