In Barrie, there are several buildings that are a bit like condos, but not quite. They are designed for seniors who are independent but want to live in a community of people their own age. Life leases are popping up all over Ontario. They are built like apartments, so...
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Seniors
A made-for-TV movie – except it’s real
I came across this story today, which seems to combine the worst elements of elder abuse and fraud. In a nutshell: Frank Blumeyer, a wealthy resident of Naples, Florida, befriended his neighbours, Allen and Marcia Brufsky. Within a year, he had loaned them significant...
Wouldn’t it be nice…
Many of us have seen the commercial: happy elderly people paying for renovations, trips and university education for their grandchildren through a reverse mortgage. I came across this excellent post from the Retire Happy blog, which details the pros and cons of a...