A Reverse Mortgage Can Top Up Your Pension Without A Big Lump Sum
A reverse mortgage can sound like a last resort, but the real story is more nuanced, especially here in New Zealand where so many people retire owning a home yet still feel squeezed month to month. We sit down with James, our reverse mortgage specialist, to talk about who is actually asking for equity release right now and why the usual stereotypes miss a big chunk of the market.
One of the most eye-opening threads is the rise of enquiries from sole traders in trades and construction. They’ve often done well during working life, but without consistent KiwiSaver habits and without an “asset”…
The skinny
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