Property prices and average household debt has reached record highs in recent years. With this in mind, Canadians looking for a better living space are turning to renovating their current properties, rather than purchasing a new home.
There are lots of living options available to American seniors, from completely independent living through to assisted living and nursing care. Despite the wealth of options, seeking a long-term solution can be problematic for many seniors and their families.
Retirement is full of opportunities, with many people choosing to purchase a condo in their home town or across the country. While there will always be financial and lifestyle challenges to overcome when you stop working, retirement is a special time that should be treasured and enjoyed.
Retirement is a special time that people look forward to their entire lives. Your working days are over and it's time to relax and enjoy everything life has to offer. Before you buy a condo and pack your belongings, however, it's important to do some homework. You need to work out your finances, look into visas and taxation, create a realistic long-term budget, and think long and hard about the kind of lifestyle you desire.