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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Wednesday, September 27, 2017

Almost half of Ontario homeowners expect their home to fund retirement

A large share of homeowners in Ontario are counting on home values increasing to ensure they have sufficient retirement funds.

The Ontario Securities Commission (OSC) said Tuesday that 37% of homeowners over 45 in the province are expecting to top up their retirement funds through growing home equity, increasing to 45% among pre-retirees aged 45-54.

Many of these pre-retirees have no or low investments and savings.

The larger the mortgage held by pre-retirees, the more likely they are to be relying on increasing home values to fund retirement; 35% of those with no mortgage; 53% of those with a mortgage up to $200K; 57% of those with a mortgage of $200-500K; and 83% of those with a mortgage over $500K.

MBN

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