Rene Quercia’s Post

Want to know more about how the CHIP Reverse Mortgage compares to a HELOC or downsizing? Interested to see these home equity release products in case studies with financial illustrations? You’re in luck; we are hosting another must-attend webinar, inviting all broker, bank, and wealth professionals to join us as we dive in to empower you as financial professionals. Back for Part 3 of our webinar series where we will build upon previous sessions and spotlight the three primary home equity release products: the CHIP Reverse Mortgage, HELOCs, and downsizing. This time, we will dive deeper by exploring real-life use cases and product specifics to empower you with comprehensive knowledge. HomeEquityBank will be joined by leading industry experts, including Pattie Lovett-Reid, Jeff Thorsteinson and Andrew Hamer. PLUS: We’ll discuss the retirement financial shortfall in Canada and considerations for maintaining desired lifestyles in retirement, drawing from a recent Deloitte study entitled “Running Out of Time – An Urgent Call to Fortify Canada’s Private Retirement Pillars” with banking industry lead Andrew Hamer of Deloitte Canada. Register for this free webinar here: https://bit.ly/3UbiQ8B #Webinar #RetirementPlanning #ReverseMortgage #CHIP #HomeEquityBank #HELOC #Downsizing #Advisors

With increased longevity and as Canada’s fastest-growing demographic, older Canadians are facing financial decisions to avoid outliving their savings. A recent article from Preet Banerjee in The Globe and Mail identifies new research that suggests financial advisors can exhibit biases when considering solutions. As home equity release products, such as the CHIP Reverse Mortgage, Home Equity Line of Credit, and downsizing grow in popularity and necessity, it’s increasingly important that financial professionals help clients consider all of their retirement options. Read more: https://tgam.ca/44cRvXZ #HomeEquityBank #CHIPReverseMortgage #RetirementPlanning #FinancialAdvice