Many retirees are told that selling the family home is the only way to free up cash in retirement. But what if downsizing actually costs more than it saves — financially and emotionally?
This eye-opening article from The Senior reveals the hidden impacts of downsizing that many older Australians don’t expect.
Read it here:
The good news? Downsizing isn’t your only option.
There are smart, flexible solutions — like a reverse mortgage — that can help you access the wealth in your home without having to leave it.
If staying in the place you love matters to you, there are alternatives worth exploring.
The information in this article is general in nature and has been prepared without taking into account the needs, objectives, or financial situation of any particular individual. Individuals should consider their own circumstances and, if necessary, seek professional advice. All reverse mortgage products are subject to the terms, conditions and approval criteria of the lenders and fees and charges apply.
Equity Mortgage Specialists Pty Ltd trading as Your Home Equity / Corporate Credit Representative (No. 530659) and Scott Phillips, Authorised Credit Representative (No. 547787) of QED Services Pty Ltd trading as Pursuit Broker Services / Australian Credit Licence 387856 / ACN 147 272 295