Renting vs. Owning: Everything Canadian Retirees Need To Know (2026)

Work with our team: https://www.parallelwealth.com/planning Should you rent or own your home in retirement? In this video, I break down the key tradeoffs Canadian retirees need to consider when making this decision, including lifestyle flexibility, cash flow, and the psychological factors that come with it. If you have any questions about this video's topic or retirement planning in general, visit https://www.parallelwealth.com/ or use the links below to learn more about our services: ➡️Fee For Service Retirement Planning: https://www.parallelwealth.com/planning ➡️Retirement Income Program™: https://www.parallelwealth.com/invest... ➡️Parallel Wealth Masterclass: https://www.parallelwealth.com/education More from Parallel Wealth: 🔗https://linktr.ee/parallelwealth The above affiliate links are provided for your convenience. If you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personal vetted each product and service we provide links to. DISCLAIMER: This presentation is for informational purposes only and should not be considered financial, investment, tax, or estate planning advice. All investments carry risk, and past performance does not guarantee future results. Any forward-looking statements are based on assumptions and may not reflect actual outcomes. The content on this channel is for educational purposes only and does not provide specific investment or planning recommendations. Viewers should consult a qualified professional for retirement, tax, or estate planning guidance. Parallel Wealth and Adam Bornn are not responsible for any decisions made based on this content. TIMESTAMPS: 0:00 - Intro 0:31 - Control vs. freedom 1:41 - Location & proximity 2:40 - Net worth tied up in home 3:36 - Homes can be a buffer 4:40 - Downsizing: buy vs. rent 6:47 - The psychological side 7:34 - Software scenario: owning 9:19 - Software scenario: renting 11:25 - Go through your personal situation