In hot markets such as Toronto and Vancouver, condominiums are becoming an attractive solution for many first, second and third time home buyers alike. I know because I just sold my single family detached home and downsized to a condo. And boy, am I happy about it.
While Canadians are socialized to believe that owning a house with land is the ultimate goal, many of us find caring for a house far too time consuming, stressful and expensive particularly for single parents, first time home buyers, the elderly and busy executives.
This is where the beauty of condo living comes in.
As entrepreneurs find success with their primary business ventures, many search for the proper investments for their profits.
Of course, we can and should all start traditional tax preferred vehicles like an IRA and 401k. These are the bedrock of good ‘benefit’ planning for ourselves and our employees. I’m also convinced more entrepreneurs should consider Continue reading
Looking for a passive real estate investment without having to own the property yet make a monthly profit for your retirement? If so then join us for this free webinar to learn more. Continue reading
Top 10 Ways to Prepare for Retirement
Financial security in retirement doesn’t just happen. It takes planning and commitment and, yes, money.
- Fewer than half of Americans have calculated how much they need to save for retirement.
- In 2012, 30 percent of private industry workers with access to a defined contribution plan (such as a 401(k) plan) did not participate.
- The average American spends 20 years in retirement.
Putting money away for retirement is Continue reading
No matter what age you are, we all have the reality of leaving work and retiring. The questions are what age will that occur and what will the quality of your retirement be at the point you walk away from your job.
At what ever point in your life you take saving Continue reading