welcome
Global News

Global News

Business

Business & Economics

Mortgage-free retirement? Not so for 29% of soon-to-be retirees - National | Globalnews.ca

Global News
Summary
Nutrition label

70% Informative

A survey of 1,626 Canadians conducted by real estate firm Royal LePage in May found that two per cent of Canadians expect to retire in 2025 and three per cent in 2026 .

Less than half ( 45 per cent ) of people retiring soon have already paid their mortgages off.

Only six per cent said they will be able to pay off their mortgages before retirement.

VR Score

79

Informative language

84

Neutral language

21

Article tone

informal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links