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Planning Strategies for Seniors: The Home Income Plan Advantage (0576)



This course is no longer available for purchase

The course outlines the "reverse mortgage" concept, rules regulations, pros and cons.

Many senior homeowners have little or no mortgage remaining on their home. That makes their home a substantial asset in their financial portfolio. And it's an asset that can be put to work wisely elsewhere in their financial plans to help preserve other investments, build new ones that could generate incremental income and maybe even help reduce the taxes they pay.

A Home Income Plan offers senior homeowners the opportunity to convert a portion of their home's equity into tax-free money (like any other loan) while they continue to enjoy living in their home. It provides a compelling proposition for many seniors.

Gain in-depth knowledge about the Canadian Home Income Plan and you will learn how the Home Income Plan can be leveraged as a wealth management tool to help seniors preserve existing registered investments for continued growth, create new sources of income and minimize taxes.