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.
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.
Regardless of where you live and how you've spent your life, most people look forward to the age of retirement. After a lifetime of school, work and family commitments, retirement is your time, a time to relax and enjoy everything life has to offer. While this exciting time is full of new choices and boundless possibilities, the first choice you have to make is where you want to live.