Found 2 blog entries tagged as aging in place.

As you enter your golden years, consider some changes to your home that can make your life more comfortable, convenient, and safe. Whether you're planning for future mobility issues or simply looking for ways to make your living space more inviting, plenty of modifications and upgrades can help you enjoy your home to the fullest.

One of the first changes to consider is installing handrails and grab bars throughout your home. These can be especially helpful in the bathroom, where wet floors pose a severe hazard. Handrails can also benefit hallways and stairways, providing extra support and stability as you move around your home.

Another important consideration is your lighting. Your eyesight may deteriorate as you age, making it more challenging…

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Reverse mortgages have become increasingly popular in recent years, with a reported 30% surge in demand in 2022. Originations exceeded $1 billion for the second consecutive year, contributing to a nationwide outstanding reverse mortgage debt estimated at around $5 billion. In light of high inflation, interest rates, and insufficient Canada Pension Plan (CPP) payments, more Canadians are turning to reverse mortgages as a potential solution to supplement their retirement income. By viewing their homes as a reliable source of funding, they can avoid the need to sell their property.

What Is a Reverse Mortgage?

A reverse mortgage is a type of loan that enables homeowners to access funds from their home equity without the need to sell their property.…

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