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Dave Schurman from FirstOntario Credit Union is back for another Finance Friday.
Last time we talked about saving for retirement, it prompted this question from a viewer. Margaret and David sent an email asking, “I am 71 years old, my house is paid for & worth $300,000. My wife & I would like to utilize some of that money. We could move into an apartment, we could get a reverse mortgage, we could get a line of credit. What would you advise?”