Fixed income Retirement means Planning

The joy you find in retirement depends on the planning that you do prior to your retirement. Good planning can provide an opportunity for you to have the kind of enjoyment that you would like to have when you do retire.  But it seems there's never enough planning when we begin to live with a fixed income in retirement, as it will limit the kind of activities that you can do and where you can live. 

No matter how much you have when you retire there are options to live a comfortable lifestyle. For some, they will sell their home or pay cash to buy another home, others have to borrow money to purchase a home or town home, still others will rent. For those who will pay cash or have enough to pay about half of the cost of the home, there is the H4P Program which can be used as a financial planning tool. For those who have all cash, they have an option to pay only about half, and pay nothing more or pay only interest to preserve the equity. For those that have only about half enough, they can get a more expensive home to spend their retirement years and live on a fixed income with out a home mortgage payment. For those who wish to borrow the money, that option  may be available as well. View the video for of  Tom & Sarah.