Property prices and average household debt has reached record highs in recent years. With this in mind, Canadians looking for a better living space are turning to renovating their current properties, rather than purchasing a new home.
As you get older, wiser, and closer to the age of retirement, it's important to think about your options. Where do you want to live? What kind of medical care will you require? How do you see yourself spending your golden years?
If you or someone you know is thinking about retirement, you've probably heard a lot of talk about 55 plus communities. Also known as senior living communities or age restricted communities, these planned residential hubs have become increasingly popular over recent years. The concept of these communities is simple, with people of a certain age bracket living in their own individual dwellings with access to a variety of amenities and social support structures.