10/27/2024
Interesting, and concerning, article in today's Toronto Star newspaper (online) - about how more people are carrying huge mortgages into retirement. Are they in trouble, or is this the new normal?
While a Canadian item, in our current economic circumstances, no doubt this is a situation facing those also in America.
While extended amortizations, dipping into home equity, reverse mortgages, and so forth are ways of helping to keep people in their homes during our golden years - the sad part is there never seems to be a light at the end of the tunnel.
My Debtshredder program, is a financial GPS tool that only uses what is at hand to dashboard an end goal. We are not a debt agency. We only use a program to show people how to use our algorithms to strategically pay down liabilities and help find closure. Used by individuals, agents, brokers, realtors, and advisors - we are helping people get out of debts 5 years sooner, and save almost $100K in interest charges.
Looking for people, agents and/or anyone who work with the soon to be retired, those who are thinking of retirement in the next five years, or those who just became retired.
Please talk to us - or thank you for referring folks to us. We can help!!
https://bit.ly/40kHCYA
Some clients who are just five to 10 years shy of their golden years are still $500,000 away from paying off their mortgage, says one financial planner. What are your