Would you like more money in your pocket today and have all of your debt, including mortgage, paid off in HALF the time?
How about reaching your wealth goals faster, have your money last beyond your lifetime and pass that wealth on to your kids?
Sounds ideal, doesn’t it? Well, the reality is that many homeowners will retire in debt and outlive their money.
The surprising fact is, despite good incomes and rising home values, many homeowners are actually living pay to pay. A lot of them have debt, and cannot afford to invest and grow their wealth the way they should, or do the things they want. Some even use their home equity to cover expenses. How does this all happen?
Well, if you are like many homeowners, you work a lot of hours to make a lot of money, and then you spend a lot of money, without always knowing where it’s going. Then one day you look at your bank account – and the money you think should be there… just isn’t.
Then you start to worry about retiring in debt. Truth is, over half of Canadians do – and as a result there is no money for the things they want, like travel or helping their kids. They start to wonder if they will outlive their money… and that’s scary.
If this is what you’re facing, or worried you might face, I want you to know that you’re not alone. But you also need to know there’s something you can do about it – if you start acting now.