In our previous blog we went through some of the factors seniors should consider when determining how they will obtain sufficient retirement income. As the choice can seem complex, we will discuss a few more considerations in this installment.
One of the best ways to educate older Australians about Reverse Mortgages is to provide examples of releasing equity in the most efficient way. For many seniors the primary purpose of Equity Release is repairs and maintenance to the family home.
As the debate and discussion surrounding Australia’s aging population and the need for sufficient retirement income continues, many seniors are left wondering what their options are.