You might have heard people say “My home is my pension” or maybe you’re in this position yourself. This is because for many people approaching retirement their house is their largest asset.
But relying on your own home to provide a retirement income may not be as simple as it sounds.
In this video, I’ll go through all the factors that you need to consider.
If you're thinking about if financial coaching could be right for you, then why not book a free 30 minute slot with me in the link below?
diannesullivan.co
Timestamps
0:00 intro
0:33 home equity & pension savings
1:31 we become attached to our homes
3:15 is there another way to get value from your home?
3:38 the different types of equity release
4:47 how much equity can you access?
7:07 how to decide if equity is right for you
26 июл 2024