Home Income Plans
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How to Help Parents Retain their Financial Independence If your parents are like 93% of Canadians, then they probably want to stay in their home as they age. However, many older Canadians and their adult children worry that they don’t have the financial security to cover the costs of aging in place. These costs really mount up and can include healthca...... Read Full Article: https://www.homeincomeplans.ca/how-to-help-parents-retain/ See more

Are You on Track with your Financial Resolutions According to an Ipsos survey, 80% of Canadians give up on their new year’s resolutions before the year is over, with the majority throwing in the towel before the end of February. Therefore, now may be a good time to check in to see how you getting on with the financial goals you set in January. If ... Read Full Article: https://www.homeincomeplans.ca/are-you-on-track-with-your/

How does a Reverse Mortgage Work? YOU WILL NEVER OWE MORE THAN YOUR HOUSE IS WORTH Look this is not my first rodeo. And let me tell you something: I wouldn’t be here telling you about Reverse Mortgages if I knew it was a way for a bank to take advantage of a senior, Or worse force a Canadian senior to leave the home they love...... Read Full Article: https://www.homeincomeplans.ca/how-does-a-reverse-mortgag/ See more

How Do I Qualify for a Reverse Mortgage How do I qualify for a Reverse Mortgage in Canada You have to be 55 or older and only need to be able to afford your home insurance, property taxes and condo fees. There is No Credit Score, Income confirmation or health information required. No tax is payable on the mortgage advanced and there i...... Read Full Article: https://www.homeincomeplans.ca/how-do-i-qualify-for-a-rev/ See more