Unfortunately, too many Canadian seniors are retiring with 10 + years remaining on their mortgage; we can go one step further and also state; too many Canadian seniors are retiring with too much debt; including Lines of Credit, Car Loan and Credit Cards.
At Approved Financial; we hope our seniors are debt free by the time they turn 65 and if they're not; we make it our business to have that discussion, see if we can assist our seniors to at leas pay off their mortgage.
Our proprietary software; 'The Mortgage Eliminator' uses proprietary software to help fellow Canadian become mortgage free in half the time by mathematically redirently more money towards capital repayment as opposed to wasted interest.
If, the seniors we work with have a mortgage; we focus on paying it off; before we even have a discussion about income/cash flow and estate planning.
Based on the age of the senior, we can sometimes simultaneously payoff their mortgages, car loans and credit cards, while establishing a steady income stream...it all begins with a conversion.
We invite our seniors to email us; provide a bit of information, then sit back and wait for us to do our magic.