Is 40 too old to buy your first home?
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Is 40 too old to buy your first home?
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As more Canadians buy homes later in life, homeownership is increasingly competing with another major financial goal: saving for retirement.
We meet two Canadians who bought their first homes in their 40s to learn why they waited, how they made it happen and whether they have any regrets. Then, Meera Raman speaks with certified financial planner Adam Jenkins about the risks of buying later in life and how to balance mortgage payments with retirement savings.
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