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A wiretap investigation reveals a deadly tow truck turf war in Ontario, while a man is jailed for threatening a DUP politician, and a missing Rolex becomes central to a murder probe.

Paying mortgage into retirement? Here’s how you could plan your finances

Global NewsSaturday, May 31, 2025 at 8:00:15 AM
Paying mortgage into retirement? Here’s how you could plan your finances
A recent survey reveals that nearly 30% of Canadians nearing retirement expect to still be paying off their mortgages once they stop working. The article explores how soon-to-be retirees can adjust their financial plans to manage this burden—whether by refinancing, downsizing, or other strategies—so they don’t get squeezed in their golden years.
Editor’s Note: Retirement is supposed to be about relaxation, not stressing over monthly bills. But with housing costs staying high and savings often tighter than expected, more people are facing the reality of carrying debt later in life. This isn’t necessarily a crisis—if handled smartly—but it’s a wake-up call for anyone banking on a mortgage-free retirement to start planning ahead.
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