how do you help investors or guide them with dealing with the higher mortgage rates?

Higher mortgage rates are...

You know, it's a problem that if you are an older boomer, it's like, yes, sometimes when you're renewing a mortgage, the interest rate will be higher.

And that's something I understood when I got into home ownership.

But we've raised a generation of people who don't know that.

They've only seen rates go down, down, down.

I mean, for me, I was sort of a late boomer born in 1962.

What has been the biggest evolution in your investing career? What's really surprised you the most along the way?

i love that who are they being paid by rob what do you think

Well, I think there's a lot of really good influencers out there who are good communicators.

That's really what they are.

I mean, they're just able to tell people a path to doing some basic things that are helpful.

Like I saw somebody talk about their TFSA and what's in it.

And I thought, oh, I'd follow that advice.

That's really helpful.

How should young people be thinking about their retirement that feels so far in the future? Should they be saving? Should they be considering a pension plan? What if that's not on the table? What are some of the things they can be doing? Rob, I'm going to start with you.

What do you mean by those two? And do they really contradict each other?

This is a 2025 story, Bruce.

In February, March, markets crash, the trade war is on, and the level of panic I saw from seniors was epic.

It exceeded the global financial crisis.

And then, of course, markets snapped back.

And I was thinking, wow, like people were saying, I'm going to sell out after a lifetime investing.

I'm going to sell my investments because I don't think I'm going to live long enough.

What are some examples of trends that people are, you know, in hindsight, best to have left by the wayside?

I would think a loan would not be ideal, uh, because you're gonna have to make payments

paymentsAnd if you're gonna get a significant chunk of, uh, capital to make a big change in your home, to retrofit your home, or to, to create a budget for affording, uh, you know, home care, uh, you're gonna need a lot.

Interest rates today in mid, uh, or let's say, you know, April 2026, are not particularly, uh, favorable for, for borrowers.

And so I don't think a loan is, is, is, is something you wanna do.

I, I would see two options, and this assumes you're not downsizing and selling.

You're staying in the home.

You af- you, you're, you own your home outright.

Why is that an important distinction, and is that falling into the category of the healthspan versus the lifespan?

Have you stayed on top of that? And what do you think by this new movement worth picking up momentum? I

think that it is still in its infancy.

I think there's so much more room for growth.

The fee for service planners out there.

are filling a massive hole in the advice investment world, but they need to up their game in terms of figuring out how to connect to people.

There's way too many people out there bursting with questions and willing to pay to have them answered, and they don't know That they can hire someone on an hourly or flat rate basis to answer everything they ever wanted to know about their money and their finances and their future.

There are search engines out there.

Totally agree.