The number of Zoomers choosing to downsize from their current homes to a more manageably sized one is on the rise. Many say continuing to maintain a large family home can be difficult –  both physically and financially. Zoomers moving have so many options — from buying another house or condominium to moving into a rental accommodation, independent living community or continuing care retirement community.   Some of the advantages to downsizing may... [read more]

  Canada’s Zoomers are in line to inherit a vast cumulative fortune in their retirement years. Here are a few helpful guidelines with spending and investing your inheritance.   Start with your children’s education Helping your children pursue post-secondary education is a costly proposition. Use the first big chunk of your inheritance here because it will help set them up for success, as well as provide you with a guaranteed 20% return. That is the... [read more]

Tips to Buying a Turn Key Investment Property We have compiled this short but fundamental list to take into consideration if you want to buy a lucrative and highly profitable Investment Property.   1. Choose a proven real estate professional that specializes in investment properties. Ensuring you are using the right investment property specialist will give you peace of mind and is essential for a successful investment. Check the Realtor’s track record, ask... [read more]

  Buy travel insurance early Canadian health coverage is limited in the United States, not adequate for medical emergencies, and travel coverage often can't be bought after you've left Canada.  Many providers offer a discount when policies are bought well in advance of departure. In addition, if you develop a medical condition before your trip and you haven't already secured a policy, this could delay or prevent coverage. To save on premiums, choose a policy... [read more]