Canada’s population is aging and the Baby Boomers have been reaching the 65 mark for the past few years. This demographic will only continue to impact the market, and with Calgary’s real estate market taking on new heights, many are discussing downsizing.
Although it would seem that downsizing is an on-the-fence topic for most baby boomers themselves. Studies are divided, some indicating that the boomers will downsize in droves, while others state that the cohorts want nothing to do with the idea. Either way, it’s something to consider, especially if you’re an empty-nester or a boomer looking to revise your finances.
Don’t Feel Obligated
Retirement is an exciting time! Taking the time to consider your options can really benefit you in the long…