How to safely use home equity to improve your retirement funding

Reverse mortgages have changed in the last decade, with consumer protection now at the forefront. There’s no risk of losing home ownership or going into negative equity, plus you’ll have equity remaining to fund the later stage of retirement or leave as a bequest.

Our independent finance experts Noel Whittaker, veteran finance guru and author of ‘Making Money Made Simple’, Dr Deborah Ralston, co-author of the 2020 Retirement Income Review, and retirement specialist Fiona Navarro answer the most important questions on this topic.

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IMPORTANT LEGAL INFO This article is of a general nature and FYI only, because it doesn’t take into account your financial or legal situation, objectives or needs. That means it’s not financial product or legal advice and shouldn’t be relied upon as if it is. Before making a financial or legal decision, you should work out if the info is appropriate for your situation and get independent, licensed financial services or legal advice.