The Globe and Mail recently released an article titled “Income Preservation Should Be The Priority For Retirees.” Though the article had nothing to do with real estate, both subjects do go hand-in-hand.
Income preservation should be on top of your mind for your retirement and you can use condos to do that.
“Rather than ensuring they don’t run out of money, investors and their advisors should worry more about creating a steady income throughout retirement that keeps pace with inflation.”
- Darren Coleman, Senior Vice-President, Private Client Group and Portfolio Manager at Coleman Wealth.
Investing in condos is the perfect way to do so. Developments built after November 2018 do not have rent control, giving you the…