Using a reverse mortgage to get by
How a typical couple might use a reverse mortgage in retirement
How to save and invest smarter: What Canadians need to know
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Notes: All amounts indexed for inflation, except for the reverse mortgage draw, which continues for 15 years if interest rates do not increase. CPP benefits are estimated based on careers in average-paying jobs. At this income level, taxes for seniors are zero at the federal level and in many provinces.
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