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Mortgage Paid Off? Here's How To Make The Most Of It
September 10, 2025 | Posted by: Angela Robinson
Paying off your mortgage is a huge milestone — but what you do after can be just as important for your financial future.
✅ First, figure out how much cash flow is actually freed up (remember: property taxes, insurance, and upkeep still remain).
✅ Consider using that money to pay off high-interest debt, or catch up on RRSP/TFSA/RESP contributions.
✅ Revisit your insurance — without a mortgage, you might be over-insured, and long-term care coverage could be worth exploring.
✅ Update your will and estate plan to reflect your new debt-free status.
✅ Most importantly, build a plan so your money continues working toward your goals — whether that’s retirement, travel, or helping family.
Becoming mortgage-free is more than a finish line — it’s the start of a new chapter.
???? Let us help you plan your next steps so your money works as hard as you do. Contact us today!
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