Calling retirees ‘pensioners’ is becoming less and less factual by the day. Property will become a cornerstone of later life planning, writes Andrea Rozario
About one-in-eight (12%) UK homeowners aged 40 and above would consider releasing equity from their house to increase the income they have for retirement, according to a survey of 1,020 UK homeowners.
Bob Champion looks at retiring earlier than expected, something labelled as an "unwelcome drama" by some due to their debt levels. Could equity release be the answer?