| The latest Manulife Bank Homeowner Debt Survey reveals many Canadians find it difficult to pay for today and plan for tomorrow. - Only 4 in 10 are very confident they’ll save enough for retirement
- 1 in 4 expect home equity to make up more than 80% of their wealth at retirement
Faced with rising housing costs, homeowners struggle to balance saving, debt repayment and daily expenses. Many may arrive at retirement house-rich, but savings-poor, which could require them to make difficult decisions: - retire later than planned
- accept a lower standard of living
- downsize their home
- borrow against home equity
Helping your clients achieve the right balance of saving, spending and debt repayment can start with a simple conversation. Visit the Debt Solutions Centre on Repsource where you’ll find tips to start the conversations, debt-management worksheets, and more insights to support your advice. | 
