{"id":166,"date":"2026-11-06T10:00:00","date_gmt":"2026-11-06T10:00:00","guid":{"rendered":"https:\/\/www.mannmortgages.com\/blog\/?p=166"},"modified":"2026-11-06T10:00:00","modified_gmt":"2026-11-06T10:00:00","slug":"canada-mortgage-or-retirement-savings-first","status":"publish","type":"post","link":"https:\/\/www.mannmortgages.com\/blog\/2026\/11\/06\/canada-mortgage-or-retirement-savings-first\/","title":{"rendered":"Canada: Mortgage or Retirement Savings First?"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/paul-mann-4\/mortgage-saving-retirement-remotion-videos-d183\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>With ~1M Canadian mortgages due for renewal in 2026, more households are approaching retirement while still carrying home debt and weighing where cash works hardest.<br \/>\nThe core comparison is simple: mortgage cost versus after-tax investment return. If returns stay above borrowing costs, directing money to savings can make sense.<br \/>\nThe balance can shift when renewals bring higher payments. Analysts expected market volatility ahead, and some borrower simulations showed payment jumps near 40%.<br \/>\nBecause primary-residence mortgage interest is not tax-deductible, every avoided interest dollar stays with you. Carrying debt into your 60s can also trigger more taxable withdrawals.<br \/>\nMany lenders allow annual lump-sum prepayments of 10% to 20% of the original balance, giving Canadians flexibility if retirement timing and taxes favor faster payoff.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With ~1M Canadian mortgages due for renewal in 2026, more households are approaching retirement while still carrying home debt and weighing where cash works hardest. The core comparison is simple: mortgage cost versus after-tax investment return. If returns stay above borrowing costs, directing money to savings can make sense. The balance can shift when renewals [&hellip;]<\/p>\n","protected":false},"author":243,"featured_media":167,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/posts\/166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/users\/243"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/comments?post=166"}],"version-history":[{"count":1,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/posts\/166\/revisions"}],"predecessor-version":[{"id":168,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/posts\/166\/revisions\/168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/media\/167"}],"wp:attachment":[{"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/media?parent=166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/categories?post=166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/tags?post=166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}