Homeowners aged 45-64 see their home as a ‘nest egg’ for their future
Figures from the Equity Release Council reveal that people aged 45-64 are less likely to view their property as an inheritance for their children. Instead, they see it as a nest egg for their own later life financial planning.
It begs the questions, if younger generations don’t intend to save their property wealth for their heirs, what do they intend to do with all the money tied up in their bricks and mortar?
This article explores the changing attitude and perceptions of property wealth amongst the ‘retirees of tomorrow’ vs. their older counterparts. We’ll be discussing:
- What is equity release?
- Are younger generations more receptive to equity release?
- The changing perceptions of property wealth.
- How to explore equity release further.
For further information and advice on accessing your property wealth, please don’t hesitate to contact our friendly selected equity release advisers.
Simply call us on 0800 096 2215 or request a call back and we’ll arrange a no-obligation appointment with an adviser for you. Alternatively, check your eligibility and get an initial indication of how much tax-free cash you could unlock.