Not exact matches
«I have saved enough money to elevate my style of living or to fund a long - held
dream — such as a special vacation, a boat, or a collectible — but I'm postponing any such expenses until I retire or am closer to
retirement age.»
In this
age of the 401 (k), when the
retirement dreams of middle - class America are tied to the integrity of the stock market, crooks in the corner office are everybody's problem.
The HECM (Home Equity Conversion Mortgage) for Purchase program enables borrowers over the
age of 62 buy a new home, maybe their
dream retirement home, with as little as 45 - 50 % down payment, without ever having to make a mortgage payment.
At the same time, 78.4 % agree that saving for
retirement is a priority, suggesting that while Canadians
aged 18 to 34 aspire to homeownership, they may be chasing this
dream at the expense of other financial considerations.
Although unlike your 15 years from now
retirement planning
dreams... I honestly worry too much at 44 how I am going to cope with old
age in the future... e.g. if I open a really hard jam jar I will immediately think «omg, how I am going to open this when I'm 85 ″... ha.