When Your House Is Your Only Asset: Understanding Home Equity Release
Looking to make the most of your retirement years but find yourself house-rich and cash-poor? Our latest deep dive into reverse mortgages might just offer the financial flexibility you've been searching for.
Reverse mortgages have earned a somewhat tarnished reputation over the years, but as we explore in this episode, they serve a valuable purpose for specific situations. For many Kiwi retirees who own their homes outright but didn't benefit from KiwiSaver during their working years, the pension alone simply doesn't stretch far enough. This financial product allows homeowners over 60 to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.