Canadian Financial Advisors - Retirement Risk From Rising Rent

Seeking Canadian financial advisors to comment on the following for a Globe and Mail article: Much of traditional retirement planning assumes housing costs stabilize or disappear later in life. But advisors say those assumptions increasingly collapse for older Canadians who rent, especially in expensive urban centres where housing insecurity has become a defining retirement risk. The old benchmark of “mortgage-free retirement” increasingly reflects a generational divide rather than a universal goal.Potential areas to explore:Retirees facing relentless rent increases on fixed incomesOlder Canadians re-entering the workforce because of housing costsDivorced women disproportionately affectedSeniors unable to age in place because rental markets have become too volatileAdult children absorbing aging parents into multigenerational homesAdvisors adjusting withdrawal strategies for clients with permanent housing costs #journorequest