Posted AT 6:00 AM EST on 15/11/08
Financial Facelift: ‘We want to stop working and move south'
In Halifax, a couple we'll call Richard, 53, and Wendy, 48, have built independent careers in business. They have over $1-million in net worth, including a $650,000 house clear of debt. They hope to sell it and retire to Latin America.
“We want to stop working and move south,” Richard explains. “We want to live on our savings and investments. We'll have my wife's pension, as well as Canada Pension Plan payments, Old Age Security and some U.S.
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