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When debt is such an obstacle to retirement (The Globe and Mail)

Story date: 2008-09-27 07:14:47
Added on: 2008-09-27 08:00:26


In Toronto, a couple we'll call Frank and Wendy are both 37. Frank is an engineer. Wendy is self-employed. They have a $630,000 house on which they have a $402,000 mortgage balance. As they approach middle age, they realize they have to build a retirement plan.


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