Financial Health Opens the Door to Healthy Aging

Boomers are a generation of rule breakers, but there’s one front where Canadian Boomers toe the line: financial health. Yes, Boomers have a well-earned reputation for consumer spending, but Canadians are by nature a little cautious: We’re not thought of as big risk takers and high fliers. This prudent approach to life, combined with an…

Read More

Renting as a senior might make more financial sense than downsizing and buying

Many seniors are presented with the option of downsizing their home once they reach retirement. Ted Rechtshaffen, President and Wealth Advisor of TriDelta Financial says this may make sense for some seniors, but so might renting. Click here to watch the interview. Posted By: Ted Rechtshaffen, MBA, CFP President and CEO tedr@tridelta.ca (416) 733-3292 x…

Read More

Tips for helping your kids buy a house

TriDelta President Ted Rechtshaffen joins House Money on BNN with advice for parents possibly looking to help their kids buy a home. Click here to watch the interview. Posted By: Ted Rechtshaffen, MBA, CFP President and CEO tedr@tridelta.ca (416) 733-3292 x 221

Read More

The question on every Toronto retiree’s mind: Do I sell my house now?

There are early indications that residential home prices in the Greater Toronto Area are starting to level off. Between changing mortgage rules, a new foreign buyers’ tax, and banks placing tougher standards on property valuation, there is definitely some downward pressure from many sides. This possible peak often gets my older clients to think harder…

Read More

What you need to know about the new mortgage rules

On October 3rd , the federal government announced new mortgage requirements, which are designed to dampen the housing price euphoria. Getting a mortgage approved at a great rate or maximizing the value of your real estate could both be impacted by these changes.  At TriDelta, we are able to help you or your children with getting…

Read More