Could this financial tool help you achieve your retirement goals?
If you need a little boost to help you meet your financial goals, equity release could help. It enables homeowners aged 55+ to access their property wealth and enjoy greater financial freedom in retirement.
Later life financial planning is all about taking steps to plan short and long-term strategies to achieve your financial goals. Perhaps you dream of being mortgage free or taking early retirement? Or maybe you’d like to book a bucket-list holiday?
This article explores where equity release fits into later life financial planning, its benefits and drawbacks. We’ve included some case studies to explain how some people may be using equity release as part of overall financial planning.
We look at:
- What is equity release?
- Benefits and drawbacks of choosing equity release
- Incorporating equity release into financial planning
- Case studies