Should You Sell Your Rental Properties in Retirement (EP 66)

Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-startedMany successful Canadians build significant wealth through real estate, but retirement often introduces a difficult question: should you continue managing your properties, or is it time to simplify?In this episode of Retiring Canada, we discuss the financial and lifestyle considerations involved with divesting a real estate portfolio during retirement.You will learn the key reasons retirees may choose to hold onto rental or commercial properties, the situations where selling may make more sense, and how these decisions can impact retirement income, taxes, estate planning, and long term financial security. We also walk through five important questions retirees should ask themselves before deciding whether to keep or sell their properties.We also discuss Michael’s personal experience owning rental property, the hidden cost of time, and why retirement planning decisions often involve both financial and emotional considerations.This episode is for Canadian retirees, business owners, and real estate investors who want to better understand how property ownership fits into a sustainable long term retirement plan. WANT EVEN MORE RETIREMENT PLANNING TIPS?Join thousands of other Canadians and subscribe to the ⁠Retiring Canada Newsletter.⁠https://www.retiringcanada.ca/retirement-newsletterAs a thank you, you'll receive a copy of our latest Retirement Guide AND MORE!EPISODE RESOURCES:📊 Work with Michael: https://fundamentalwealth.ca/get-started💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question🌐 Retiring Canada Website: https://www.retiringcanada.ca