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In This Case Study1, RBC Helped the Couple:
- Consider all their options when deciding whether to downsize
- Compare the pros and cons of renting versus buying a condo
- Achieve the retirement lifestyle they both wanted
What Did this Couple Choose to Do?
Check out the Sophia and Raj Case Study to see which option they chose and how it affected their monthly cash flow.
What to Check out Next
How can I reduce my taxes in retirement?
How to create a steady income in retirement
Should I downsize or sell my home?
Let’s Start the Conversation
Legal Disclaimer1
The content of this publication is provided for informational purposes only and is not intended to provide specific financial, investment, tax, legal, accounting or other advice for you, and should not be relied upon in that regard. All charts, illustrations, examples, case studies and other demonstrative content are general and have been provided in this publication for illustrative purposes only. The case studies included do not represent actual events or real individuals. While efforts are made to ensure the accuracy and completeness of the information at the time of publication, errors and omissions may occur. Readers should consult their own professional advisors when planning to implement a strategy. This will ensure that individual circumstances have been considered properly and that action is taken on the latest available information. Interest rates, market conditions, tax and legal rules and other investment factors are subject to change.
Legal Disclaimer2
These tips are intended as general information only and are not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed.
Financial planning services and investment advice are provided by Royal Mutual Funds Inc. (RMFI). RMFI, RBC Global Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. RMFI is licensed as a financial services firm in the province of Quebec.