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Make Better Wealth Decisions: How Financial Advisor's Blind Spots Can Hurt Your Investments in a Rapidly Changing World
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#203 | Why Reverse Mortgages Might Be the Retirement Strategy You Need in Canadian Personal Finance
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Content provided by John De Goey (a podcast covering financial literacy, financial advisors & wealth), John De Goey (a podcast covering financial literacy, and Financial advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John De Goey (a podcast covering financial literacy, financial advisors & wealth), John De Goey (a podcast covering financial literacy, and Financial advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Are you sitting on a valuable home but worried about how to fund your retirement?
In this episode, we explore the reverse mortgage option with insights from longtime Canadian personal finance expert Patricia Lovett-Reid. For those who are “house rich but cash poor,” this strategy could unlock hundreds of thousands — even millions — in home equity without forcing you to sell or move.
You’ll discover:
- Who qualifies for a reverse mortgage in Canada and how it works.
- The surprising flexibility this tool offers for lifestyle needs, family support, and emergencies.
- Why reverse mortgages aren’t for everyone — and how to decide if it fits your retirement plan.
👉 If you’re planning for retirement and wondering how your home equity can support your lifestyle, this episode will give you the clarity you need to make smarter financial choices.
To know more about John:
https://www.johndegoey.ca/
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