Episode 76: Should you buy your retirement home before retirement?
Your Canadian Retirement Specialist
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Show Notes
Many Canadians dream of retirement, no work and more freedom. Picking the right place for retirement is an important decision and in an ideal situation, it's a decision that you'll need to consider long before stopping work.
When it comes to retirement homes, you may be asking yourself many questions such as "Are retirement flats a good investment?" or "Where to find a great selection of retirement properties to buy?".
In this episode, I'll cover a few of these scenarios to help you make the right decision when it comes to buying your retirement home.
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Regan Schiller holds his Certified Financial Planner, Registered Retirement Consultant and Certified Life Underwriter designations. He is an Executive Financial Consultant licensed under Investors Group Securities Inc.Mutual funds and investment products and services are offered through Investors Group Financial Services Inc. (in Québec, a Financial Services firm). Additional investment products and brokerage services are offered through Investors Group Securities Inc. (in Québec, a firm in Financial Planning). Investors Group Securities Inc. is a member of the Canadian Investor Protection Fund. Commissions, fees and expenses may be associated with mutual fund investments. Read the prospectus before investing. Mutual funds are not guaranteed, values change frequently, and past performance may not be repeated.
LIRA regulations vary provincially. For more information on LIRA in your area, please refer to your provincial government's website. Additional information on the Canada Pension Plan and Old Age Security can be found at:
www.canada.ca/en/services/benefits/publicpensions.html.
Music courtesy of LesFM: https://lesfm.net.