CTV.ca news staff | April 27, 2011
One-third of Canadian seniors still hold some amount of debt after they retire, new data from Statistics Canada reveal.
Some of those retirees are carrying large debts: 17 per cent of retired Canadians 55 years or older who have debt owe more than $100,000, the report found.
But on the other end of the scale, one in four of those with debt owe less than $5,000.
"Debt in this range may simply ...
Continue reading...
These articles have been chosen because they provide a macro view of the financial world. This wide scope of articles can then be applied to aid your own personal financial situation.
E.O.E.