Retirement

A great retirement can be yours

Finally, retirement! You've been preparing for a long time, and now the time has come.  You want to stay active and be in on the action? Good to hear it. Make sure you take the time to plan. How are you going to spend your money? How are you going to maintain your lifestyle?

Not sure how it’s going to play out? Need some insight on different scenarios? Talk to a Multi-Prêts broker. You’ll find out there are a lot more options available to help you jumpstart your new lifestyle than you may think. For example, ever thought about tapping into your home equity? Get informed!

Your revenue

With less revenue coming in, you’ll have to adapt your life accordingly. That said, there’s a silver lining in retirement.

You can say goodbye to daily commuting, daily restaurant meals, impulsive shopping at nearby boutiques and all those other expenses that empty your wallet.
A golden retirement is in your reach, even if you still have mortgage payments to make. The key is managing your money so that your income always exceeds your expenses.

Your debts

Don’t make managing your debts in retirement a source of stress. We’ve got some tips for you.
Pay off your mortgage before you retire, or at least get it down as far as possible.

Refinance your mortgage so you can start working on that project you’ve been dreaming about. 

What’s the key to not stress out and get the most out of life while you’ve still got your health?

Your property

Upon retirement, your property could become an important source of revenue, to supplement loss of other revenue. This is mostly due to the fact that your property has increased in value over the years, and that capital gain is now available to you. Take advantage!

Upon retirement, your property could become an important source of revenue, to supplement loss of other revenue. This is mostly due to the fact that your property has increased in value over the years, and that capital gain is now available to you. Take advantage!

To maximize the benefit of your increased property value, you can get it evaluated, in order to know its current market value, then, calculate its net value, and refinance your mortage in a way that works for you. 

No longer working and finally having time to breath doesn’t mean you’re going to stop doing anything. Quite the contrary, the time to get to those projects you’ve been dreaming about is now. 

A Multi-Prêts broker can show you many different refinancing scenarios that respond to you specific situation. 

Thanks to your broker, you can take full advantage of your property as a source of revenue so you can be comfortable in your retirement.

Move or stay put for your retirement?

There are lots of different ways to reflect on this question.

It’s important to have a good look at your situation to make the right decision.  

Rent before you buy

Do you picture yourself moving when you retire? Have you thought about rent before buying? It’s a good way to be sure that the new neighborhood you want to be in is truly right for you.

Still have questions?

Here’s all the help you need to refinance!