More Canadians are entering retirement with mortgage debt

A growing number of Canadians are entering retirement with mortgage debt — and for many, it’s not by choice.

A new Royal LePage survey, conducted by Leger, reveals that nearly three in 10 Canadians (29 per cent) planning to retire within the next two years say they will still be making mortgage payments when they leave the workforce. Nearly half (47 per cent) say they don’t plan to downsize their homes.

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