Many see carrying mortgage
Ever wonder whether your retirement years will be mortgage-free?
Fifty-one per cent of Canadian homeowners believe they'll still be paying, according to a survey released today by Bank of Montreal.
Fifty-two per cent say their debt burden or mortgage is causing them trouble in saving for their retirement years, the survey by Leger Marketing showed.
On a regional basis, those feeling the heat most are in British Columbia, where 59 per cent think they'll still be paying, followed by 58 per cent in Quebec, 48 per cent in Manitoba and Saskatchewan, 47 per cent in Ontario, 46 per cent in Alberta, and 43 per cent in the eastern provinces.
Borrow to Empower, not to Enslave
If you see yourself in this predicament, pls call me to devise a strategy to set you free.