Traumatizing $250,000 failed investment casts long shadow over Alberta woman’s retirement plan
Home equity loan at 4% costs $9,000 a year for interest alone, with rates likely to rise. The loan could ultimately cost Hazel her home
Eliott is a regular contributor, in the National Post’s Family Finance column, providing financial advice to Canadians. Eliott specializes in retirement planning and understands that each retirement situation is unique and uses his expertise and a detailed process to create a personalized approach to retirement planning. Many factors are unique to each retirement, and his thorough financial planning process leads to long-term success, helping clients understand their options and achieve their dreams. The key is to plan for an efficient long-term retirement income from all sources and implement that plan in a way that is not going to be changed due to market conditions.
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Home equity loan at 4% costs $9,000 a year for interest alone, with rates likely to rise. The loan could ultimately cost Hazel her home
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