Is there a way to help fund a better retirement?
At the start of 2020, a unique study took place into those about to retire. Nearly a third worried they had not saved enough for a comfortable retirement. The nationwide study also showed many faced significant debt*.
Funding a comfortable retirement
Chances are you already know what you would like to do with your time in retirement. Whether that’s finally getting around to those home improvements, spoiling the family, taking up a new hobby or simply enjoying your free time. If finances are a worry, though, it could eat into those plans.
Thankfully there are options out there that could help you fund the retirement you want. Such as equity release. With a lifetime mortgage, the most popular form of equity release, you could release some of the tax-free cash from your home. You remain the owner of your home and typically there are no monthly repayments to make, as the loan plus roll-up interest is only paid when the plan comes to an end.
However it’s important not to rush into a long-term financial decision just to service a short-term need, which is where Key Equity Release can help. Their honest approach to equity release advice ensures you consider your options. And if equity release isn’t right for you, they’ll tell you.
Totally free advice
Key Equity Release offer lifetime mortgages only, which is a loan secured against your home. All of Key’s equity release advice relates to their range of Key-branded lifetime mortgage products and is completely free of charge, so you can find out if it’s right for you without it costing you a penny – not just the initial consultation, but the whole advice process from start to finish.
Equity release has enabled thousands of home-owners aged 55 and over to access some of the cash tied up in their property to help fund a better retirement. If you want to find out whether it could be an option for you too, why not take the first step by ordering your free guide today?
*Research conducted by Research Plus between and December 18-31, 2019 among sample of 1,000 people expecting to retire in 2020