He helped bring thousands of wounded Canadian soldiers home from overseas. Show your support for one of Canada’s oldest living veteransContinue Reading..
As the proud presenting partner of The Royal Canadian Legion’s Digital Poppy campaign, this November 11th at 11:00am we #PauseToRemember that war is not a gameContinue Reading..
If you have seen the Hollywood movie “Confessions of a Shopaholic”, the process of debt consolidation will make a lot of sense to you. When you are in deep with credit card debt, paying the minimum monthly amount due only lets you scrape through from one installment to another.
Many Canadians often ask, “Can you use a reverse mortgage to purchase a home?” It often surprises people when they find out that, yes, you can buy a house with a reverse mortgage, by using it as a type of purchase mortgage.
This article explores these myths and reveals the real truth about reverse mortgages
How exactly does CPP work? Is everyone eligible to receive it? And when can you start receiving it? We take a look at the answers to these questions as well as how much you can expect to receive from your CPP retirement pension.
One of the top tips to get out of debt is to know exactly how much you earn and spend and then make a budget. This all starts with going through your bank account to work out how much you spend on everything, including essentials, variables and discretionary spending.
However, many people aren’t aware of some of the TFSA rules. We often hear people ask, “How much can you contribute to a TFSA, what is my TFSA limit and what is TFSA eligibility?” This article will answer all of those questions and look at ways that a TFSA can benefit retirees.
It really pays to take home safety seriously. Every year there are around 1.5 million visits to the hospital as a result of accidents.
Why is saving for retirement so important? Government pensions including Canada Pension Plan (CPP) and Old Age Security (OAS), are only designed to provide a small percentage of your retirement funds, so if you have no company pension, a personal retirement fund is essential to guarantee a financially secure retirement.
February is Heart Month across Canada, so HomeEquity Bank reached out to a leading personal trainer and nutrition expert who works with Canadians 55+.
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.
At age 76 Donald Jackson is still very active in Canadian figure skating, with occasional appearances in figure skating shows,
This is the third article in the series featuring our partners, Canadian figure skaters Kurt Browning and Donald Jackson.
This is the second article in the series featuring our partners, Canadian figure skaters Kurt Browning and Donald Jackson.
Joyce Wayne: Retirement Matters
Rather than dashing off to various doctors’ appointments, LocateMotion remotely connects us with healthcare providers without forcing us to leave our homes, or to wait on hold for hours as we try to connect with government health lines. I can only imagine how useful this service could be, as the Corona Virus takes its toll, and not just on physical health, but mental health as well.
In troubled times, the question is how to deal with inner fears that aren’t necessarily based on facts. I know that the chances of catching the COVID-19 virus in Canada are relatively slim, and of those who do fall ill, only 2 per cent expire, (albeit higher numbers for those 69 years of age and older). It’s still less than the death rate for the 2003 SARS epidemic.
For those of us approaching or living in retirement, it comes as no surprise that Canada is undergoing an unprecedented demographic shift. For the first time in Canada’s history, there are more people over the age of 65 than there are children under the age of 15. The very size of our cohort is creating a deluge of ideas about how to deal with people like us.
The HomeEquity Bank Note
COVID-19 is most dangerous for those 65 and up, and that’s a big portion of Canadians. As of 2018, 15% of Canadians were 65 and older, and 29% were baby boomers just hitting retirement age.
It’s hard to imagine that amid a global pandemic, while millions of people around the world struggle to stay healthy and adhere to public health directives, cybercriminals and scammers are still hard at work trying to defraud people.
You’re likely reading it at home right now as millions of Canadians are self-isolating to help prevent the spread of COVID-19. I’d like to thank you for doing just that.