Using the value of an owned property has been highlighted as a good way to boost retirement income by one finance writer.
This could inspire a number of people aged over 55 years to use an equity release calculator, such as that provided by Key Retirement Solutions, to see how much cash their property could generate.
Writing for specialist finance website Thisismoney.co.uk, Dan Hyde said equity release has become increasingly popular as house prices have risen and confidence in pensions has waned.
Commenting on the emergence of equity release as a “genuine option”, Mr Hyde said: “The market has improved significantly in recent years and now offers a genuine retirement funding solution for older people, according to experts.”
Homeowners aged over 55 years who are curious about how their property could provide them with a tax-free cash lump sum can find out by contacting Key Retirement Solutions for independent equity release advice.
Posted by David Hancock
