🏠 Your home may be your biggest asset — but is it actually supporting your retirement?

In this episode of The Canadian Retirement Roadmap, Patrick Briscoe, CFP® and Certified Executor Advisor, walks through five strategies to put your home equity to work in retirement.

Learn about downsizing, reverse mortgages (CHIP), HELOCs, rental income, and selling to rent — with Canadian-specific tax insights including the Principal Residence Exemption, OAS clawback thresholds, and more!

Timestamps:

00:00 Introduction: Home Rich Cash Poor

01:42 Why Home Equity Matters

02:45 Tax Free Home Gains

03:54 Strategy 1: Downsizing/Right-Sizing

06:01 Strategy 2: Reverse Mortgage

08:46 Strategy 3: Home Equity Line of Credit (HELOC)

11:03 Strategy 4: Generating Rental Income

13:17 Strategy 5: Sell Your Home & Rent

15:59 Tom & Diane’s Plan

17:39 Three Key Takeaways

19:20 Next Steps & Wrap Up

👍 Don’t miss future episodes of The Canadian Retirement Roadmap Podcast!Subscribe here on YouTube and explore past episodes + free resources → https://bayswaterwealth.ca/podcast

📘 Request your complimentary copy of Financial Success for Pre-Retirees → https://docs.google.com/forms/d/e/1FAIpQLScMBqJG9BeN0xFiBtTPYLHbwSKuOAV50iwJF8yRziSQXsK6vg/viewform

🌐 Website: http://bayswaterwealth.ca

💼 LinkedIn: https://linkedin.com/in/patrick-briscoe/

📸 Instagram: https://instagram.com/bayswaterwealth/

📞 Want to connect? Book a free 15-minute introductory call (phone or video) → https://bayswaterbookings.ca/prospective-step-1/

⚠️ Disclaimer: The information shared in this video is for educational purposes only and is not tailored financial advice. Every individual’s situation is unique — please consult with a qualified financial planner before making decisions about your personal finances.