#203 | Why Reverse Mortgages Might Be the Retirement Strategy You Need in Canadian Personal Finance [Financial Literacy, Financial Advisor & Wealth]

Are you sitting on a valuable home but worried about how to fund your retirement?In this episode, we explore the reverse mortgage option with insights from longtime Canadian personal finance expert Patricia Lovett-Reid. For those who are “house rich but cash poor,” this strategy could unlock hundreds of thousands — even millions — in home equity without forcing you to sell or move.You’ll discover:Who qualifies for a reverse mortgage in Canada and how it works.The surprising flexibility this tool offers for lifestyle needs, family support, and emergencies.Why reverse mortgages aren’t for everyone — and how to decide if it fits your retirement plan.👉 If you’re planning for retirement and wondering how your home equity can support your lifestyle, this episode will give you the clarity you need to make smarter financial choices.To know more about John:https://www.johndegoey.ca/