Upon retirement, your home becomes one of your biggest assets in your financial portfolio.Continue Reading..
ETFs are similar to mutual funds, in that they are a collection of securities, such as stocks and bonds. They’re great for giving your portfolio immediate diversification because you effectively own shares in dozens or even hundreds of companies with just one fund.
This huge drop in income could have had a terrible impact for so many Canadians. With this in mind, Finance Minister, Bill Morneau, persuaded the country’s big banks to allow mortgage deferments to help people through this tough time.
Old Age Security in Canada is a monthly payment that you can start to receive as soon as you turn 65. Like old age pension payments, the money you receive from Old Age Security is taxable. It is designed to provide most pensioners with an amount to cover basic necessities.
RRSPs are designed to help you to save for retirement, so you’re not meant to make an RRSP early withdrawal. If you do take an RRSP early withdrawal, RRSP withdrawal rules mean you could end up paying an RRSP withdrawal penalty, which we will explore in this article, as well as how to withdraw RRSP investments.
The Canada RRSP contribution deadline is fast approaching. It’s a time when many people ask, what is the deadline for RRSP contributions in Canada, as they rush to make their final contributions for the tax year. But why is the RRSP deadline such a big deal?
If you’ve been living in your home for a long time, you might have reached the point where you love it less than when you first moved in. It could be that it’s starting to look a little tired or worn around the edges. Or, it could just be that, having spent so much time looking at the same four walls during the pandemic, you need to change things up.
Hosting family gatherings or participating in egg hunts or other traditional Easter events may not be the same. While the celebrations may look slightly different this year, there are plenty of fun Easter ideas to enjoy with family and friends safely and make the most of your Easter long weekend. Read on for some exciting suggestions for Easter activities this long weekend.
Valentine’s Day doesn’t have to be just about your significant other. You can celebrate it with all the people you love, including your friends and family. However, given the pandemic and various levels of lockdown across the country, many of us will need to celebrate Valentine’s Day at home this year.
Reverse Mortgage Videos
The CHIP Reverse Mortgage can help you stay in the home you love and live retirement on your terms.
Watch as Doris tells these nosy neighbours to back off, she's not going anywhere!
Retirement shouldn't mean selling your beloved home.
When HomeEquity Bank approached me four years ago to be their spokesperson, I did a lot of research into the company. My reputation and personal integrity are important to me. I didn’t just want to be a face and a name. I wanted to believe in what I was endorsing.
Kurt Browning, a Canadian figure skater and the celebrity spokesperson for HomeEquity Bank, partners with his dog to describe the benefits of a CHIP Reverse Mortgage and how it can help you retire in the home you love.
Kurt Browning, a Canadian figure skater and the celebrity spokesperson for HomeEquity Bank returns to tell you more about the CHIP Reverse Mortgage.
Joyce Wayne: Retirement Matters
The challenge facing Canada is to try to ensure that the doses of COVID-19 fighting vaccines arrive in the country according to schedule and that the provinces distribute them quickly and efficiently. If so, Canadians could be looking at a much brighter summer than expected.
On that 1966 Saturday night in Detroit, gas was 39 cents a gallon, a pack of cigarettes about double. A Coney Island hotdog (a downtown Detroit specialty) covered with chili sauce, yellow mustard and chopped onions was less than three bucks. Both cities, Windsor and Detroit, were booming, riding the immense wave of the post-World War II culture based on fast cars, endless cheap oil reserves, big unions, burgeoning wages and the opportunity to make good if you worked hard and played fair.
We’ve all been waiting for good news about vaccinations, and now it’s finally here. The wait has been more arduous for some than others. Older adults are particularly hard hit by the pandemic, both those living in their own homes who are self-isolating, and more so for those living in long-term care facilities.
The HomeEquity Bank Note
In this interview, HomeEquity’s Executive Vice-president of Marketing Yvonne Ziomecki talks about her new book, Home Run: the Reverse Mortgage Advantage, (co-written with HomeEquity CEO Steven Ranson) her family, and her thoughts about shaping a successful retirement.
In this interview, HomeEquity Bank’s CEO Steven Ranson discusses his new book, Home Run: the Reverse Mortgage Advantage, (co-written with Yvonne Ziomecki, Executive Vice-president Marketing). Ranson has been with the company since 1997, growing HomeEquity’s portfolio from $100-million in 1997 to more than $4-billion today.
Four years ago, Kurt Browning — the beloved Canadian sports icon — became an official spokesperson for HomeEquity Bank.