Thinking of downsizing to a condo or rental? Think again
Article by Rob Carrick, The Globe and Mail, November 26, 2014
“Hang onto your houses, baby boomers.
An expert on retirement says you’ll be happier than if you move to a condo or rent. “I get a lot of questions about retirement because of my background as an academic actuary,” said Rob Brown, now retired in Victoria after decades teaching at the University of Waterloo. “People ask, what’s your way to achieve retirement security? I say that one way is to have a home that is debt-free in retirement. That’s a huge step in the right direction.”
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