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.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.
If you’re ready to start your new hobby, there are a few ways you can generate additional income from it even in retirement. This way, you can enjoy your leisure activities while also enjoying part-time work. Fortunately, if you are creative enough, many hobbies for the elderly can be turned into a profit. However, how much you earn may depend on how much time you are willing to invest in marketing your products or services.
For older retirees, it can be difficult to keep up with these changes. Financial literacy can help manage the changing world of personal finance, so they are better prepared to stay out of debt and avoid having financial issues in retirement.
The impact of COVID-19 on some Canadians’ finances has been devastating. The pandemic crisis has affected approximately 60% of Canadians financially, with over a million jobs lost in March of 2020 alone. Of those affected who continued to work, almost a third saw their hours cut.
Preparing for retirement is no easy task. While most of us look forward to the freedom it brings, a surprising number of us aren’t prepared financially. A national survey of Canadian pre-retirees found that 56% don’t have a plan for retirement savings. Even among those that do have a plan, almost a third feel that they’re falling behind.
Retirees need to be more careful than most, as they account for over half of accident-related hospitalizations. Can accidents be prevented? They certainly can, in fact an estimated 90% of serious injuries are preventable. We take a look at the common causes of home accidents and offer up some fall prevention tips for Canadians at home.
The COVID-19 pandemic is undoubtedly a wake-up call in terms of sound long-term financial and health care planning for both individuals and institutions across Canada. Less than two months into the pandemic, the Canadian Armed Forces (CAF) report made some shocking revelations about certain nursing homes in Ontario.
Amid the grim realities of the ongoing COVID-19 pandemic, it is remarkable to see how these Canadians are embracing technology for a variety of routine activities. Paying bills, ordering food or groceries, socializing through video conferencing platforms, and exploring telehealth services; elderly Canadians are experiencing value, comfort, and safety in numerous virtual activities.
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
Older adults are often anxious about winter. When there’s ice and snow on the ground, walking is treacherous, so we spend more time indoors. The pandemic has only increased our hours inside our homes. This winter, it’s more important than ever that we create a safe environment for ourselves and our loved ones.
Older Canadians continue to contribute to society in many ways and are overrepresented as volunteers and unpaid caregivers supporting other Canadians of all ages. They also remain the most politically engaged members of our society and have the highest voter participation rates. To ensure communities can continue to support their older residents to remain independent and engaged, access to reasonable income supports, affordable housing, and inclusive transportation services should continue to be strengthened. To combat the growing levels of social isolation and reinforce efforts to end ageism and elder abuse in society, physical environments and public spaces need to be age-friendly; and health, community, social and recreational services, and employment opportunities must be designed to be inclusive with the needs of older Canadians in mind.
Happily things are changing. Women my age are addressing unaccommodating behaviour in our own way. You can bet, over the long run, it’s going to be successful. Boomers are changing the discourse around aging and how we want to be treated at work, in public and at home. So many of us joined the workforce directly after university or college and kept working through pregnancies and while raising the kids. We tried to become equal partners with our spouses, and again, many of us succeeded. As we age, those accomplishments, those massive steps forward to equality haven’t been forgotten.
The HomeEquity Bank Note
Four years ago, Kurt Browning — the beloved Canadian sports icon — became an official spokesperson for HomeEquity Bank.
Cottage sales are surging in parts of Canada, especially Ontario, in the midst of the COVID-19 pandemic.
As we hunker down at home, we are witnessing history that is reshaping life as we know it. Most of us never thought we’d experience a global pandemic on this scale.