Posted AT 12:50 AM EST on 05/07/08
Single mom should refinance mortgage
In Ottawa, a health care administrator we'll call Karen, 52, has been separated for a year. Her job pays her $79,457 before taxes, a good salary, but not a lot with which to help two children ages 16 and 21 with their university educations and to plan her own retirement.
“I want to retire in six years if possible,” Karen says. “I could continue to work part-time or do volunteer work overseas, but I am afraid of unplanned expenses.
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