A retired academic actuary says that retirees would be happier staying in their houses rather than downsizing to a condo or renting.
A retired academic actuary says that retirees would be happier staying in their houses rather than downsizing to a condo or renting. Rob Brown, formerly of the University of Waterloo says that his advice for retirement is to have as much control over your finances as possible and he believes that the family home, once the mortgage is repaid, offers fairly predictable costs compared with rent volatility or condo maintenance fees. Read the full story.
