Free up your finances
Live a full life
Keep your Retirement Dream alive
LEARN WHAT IS POSSIBLE
FUND YOUR RETIREMENT NEEDS
You are retired or planning your retirement with one small problem – you still have debt – “Retired with debt” is here for you.
Are you looking to alleviate your financial stress and improve your cash flow?
Is your lender trying to “move you on” with suggestions around selling and downsizing, and that doesn’t fit into your plans?
If you are retired with debt, speaking with one of our retirement specialists will give you all the options of Seniors Equity Release.
BE WELL ADVISED – FREE UP YOUR FINANCES – LIVE A FULL LIFE
TERM OPTIONS
Depending on your circumstances, Seniors Equity Release can provide you either short term or long term options.
CALCULATE FOR THE FUTURE
Our calculator will provide you with sufficient information around future retained equity, so that you can effectively plan your future.
LOCALLY RELEVANT ADVICE
There are various forms of accessing equity, and this can be reliant on which State or Territory you live in.
SAFEGUARD AGE PENSION
And when you look at all your options, it is important to consider “Downsizing” may lead to a reduction in age pension entitlements.
Brian and Anne are aged 72 and 69. Both retired 3 years ago and are 9 years into their 20 year home loan of $240,000. Their current interest rate is 4.31% and their monthly repayments are $1494.
They are receiving the full age pension of $37,341 and Brian is drawing down $14,000 per year from his superannuation.
This situation is not allowing them to live their retirement dreams after making their monthly repayments.
Seniors Equity Release removes their monthly loan commitment, effectively giving them another pension payment each month.
Neale and Andrea are 84 and 83. They have lived in their home for 35 years and do not want to leave.
Their existing Line of Credit with a major bank has reached its limit and they have received “suggestions” that they should downsize and pay off their loan.
Seniors Equity Release gives them the ability to pay off their lender and continue to live in their loved home.
And when we are discussing how we can refinance your mortgage loan, ask us HOW we can also arrange $1,000 a month (or more) tax free extra ‘income’ for your retirement years . . . without affecting any pension entitlement!
