The largest generation within the Australian population is rapidly approaching retirement, poorly prepared for that stage of their lives. Although the so-called Baby Boomer generation has achieved extraordinary personal wealth through home ownership, they are ASSET RICH but CASH POOR. However, this generation can expect to LIVE LONGER than any generation before them and they… More Accessing Housing Wealth in order to Live Well in retirement.
While older retirees may be reluctant to dissipate large amounts of capital to retain their previous pension entitlement, the investment returns now provide compelling reasons to do so. Source: Retirees are burning capital to qualify for a part age pension
Controversial proposal would result in families using some of children’s inheritance as parents live longer Source: Elderly should sell homes to fund care, says aide to Theresa May | Society | The Guardian
A happy retirement is not just about your finances, it’s also about how you spend your time. Source: Retire Right: Is no work all it’s cracked up to be?
It seems that as the equity release industry goes from strength to strength the negative comments just keep coming. Source: Equity Release Goes From Strength To Strength
The Australian Federal Budget points to Equity Release. Australian Seniors have achieved significant personal wealth through Home Ownership. Equity Release is likely to emerge as a key Retirement Funding strategy. Source: 2016 Budget Aged Care Update: Equity Release In the Mix
The Australian Productivity Comission has today released it’s “Housing Decisions of Older Australians” report. Summary: Housing is integral to people’s wellbeing, particularly for older Australians. For many older people home ownership provides security and independence in retirement. Older Australians strongly prefer to age in place. Most people are happy staying in their family home, despite… More Housing Decisions of Older Australians