A Globe and Mail Bestseller!
A guide for Canadians on how to use real estate as an investment and retirement solution.
Leveraging equity in a principal residence and using it wisely to purchase rental property is the solution to a safe, secure retirement for millions of Canadians.
Many Canadians who own their home have never considered buying a second property. And nearly one-third of retirees are worried about running out of money. The Real Estate Retirement Plan shows how homeowners can use the tools already available to them — their mortgages — to access the initial capital to invest and prepare for their retirement. This is a proven, validated antidote to today’s historically low savings rates, poor current rates of return, and pressure on CPP and health care.
With examples and a detailed discussion of the principles and mechanics, Calum Ross and Simon Giannini demystify real-estate investing and make an irrefutable case for borrowing to invest.
Calum Ross is a leading authority on personal finance and investing in real estate and has spoken on stages all across Canada and the U.S. He has funded over $2.5 billion in mortgages since 2000, helping to create more than $1.8 billion of incremental net worth for his clients. He is an alumnus of Harvard Business School and holds an MBA in finance from the Schulich School of Business. He lives in Toronto.
Simon Giannini was the CEO of the Real Estate Centre in Toronto and host of The Real Estate Talk Show on CFRB 1010 AM in Toronto.
“Provides a fresh and alternative perspective on the growing body of retirement literature. Young readers in particular might want to find a place in their libraries for it.”
“A perspective worth considering.”