More Canadians are saying yes!
Now more the norm than the exception. Rising housing costs and later-life borrowing reshape retirement in Canada.
According to a 2024 Royal LePage survey, 30% of Canadians planning to retire in the next two years expect to carry mortgage debt into retirement, up from just 14% in 2016. That’s a dramatic shift in less than a decade, and a strong signal that Canada’s retirement landscape is changing.
Why are more Canadians retiring with mortgage debt?
- Homeownership is more expensive than ever
- Many Canadians are helping their kids
- Retirement timelines are shifting
- People are tapping into home equity
Full Read:
- https://www.canadianmortgagetrends.com/2025/07/can-you-retire-with-a-mortgage-more-canadians-are-saying-yes/