Most people need to derive at least half of their retirement income from personal or workplace savings. The other half is covered by the Canada Pension Plan and Old Age Security payments.
If you are like many Canadians, your home may be your most powerful financial advantage. Using the equity in your home to finance is a key stepping-stone to your future and may spell the difference between financial success and missed opportunities.
Acting decisively means taking advantage of all factors in your favour. However, when it comes to using this advantage, you may feel reluctant to act.
You may be an expert in your field but still be wondering if you've done all you can to advance your personal financial future.
If so, this guide is for you! We've consolidated the best input from the Capital Direct team and our colleagues on how you can use home equity financing to your best advantage.
If you are contemplating a financial move such as renovating your home, financing an education, or starting a business, we'll show you what home equity financing is all about, what the terminology means, and you'll get what you need now as well as be building toward a better future.
Let's start with the basics. What is Home Equity? GO »
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