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#203 | Why Reverse Mortgages Might Be the Retirement Strategy You Need in Canadian Personal Finance [Financial Literacy, Financial Advisor & Wealth]
Are you sitting on a valuable home but worried about how to fund your retirement?
In this episode, we explore the reverse mortgage option with insights from longtime Canadian personal finance expert Patricia Lovett-Reid. For those who are “house rich but cash poor,” this strategy could unlock hundreds of thousands — even millions — in home equity without forcing you to sell or move.
You’ll discover:
Who qualifies for a reverse mortgage in Canada and how it works.
The surprising flexibility this tool offers for lifestyle needs, family support, and emergencies.
Why reverse mortgages aren’t for…
The skinny
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