A Practical Guide To Using Home Equity To Top Up Retirement Income In New Zealand
A lot of Kiwis think reverse mortgages are only for desperate situations, but what if it’s actually a sensible tool for the people who kept the country running, then hit retirement without a plan? We sit down with James, our reverse mortgage specialist, after he notices a new wave of enquiries that surprised him: sole traders and tradies nearing their 60s who can’t keep doing physically tough work, yet won’t get much value from “selling the business” because, in reality, they are the business.
We talk about the real retirement income gap behind those calls and how home equity release can help…
The skinny
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