LIFE doesn't always go to plan. Medical emergencies, legal difficulties and other unexpected costs can throw off your grand retirement plans and leave you struggling to pay the bills, let alone maintaining your lifestyle as you age. And when this happens, what can you do? A loan will only create more debt, downsizing isn't always a solution, and going back to work may not be an option.
Thankfully, there's a way to access the wealth locked in your home when you need it most. Homesafe Wealth Release® is not a loan or a reverse mortgage, but a way to sell a share of the future value of your home. You receive the cash you need today, you can continue to live in your home for the remainder of your life and have peace of mind that there is still a share of your home that you can leave to your family members.
It may sound like a daunting prospect, but an equity release product shouldn't be seen as the last resort. Here are four reasons why:
1. Your home is your best asset
More and more Aussies consider themselves as asset-rich but cash-poor, although this doesn't need to be the case. Homesafe Wealth Release® can provide you with the funds to supplement your current retirement income, cover home maintenance or renovations, pay for medical treatments or take that trip of a lifetime!
2. Downsizing isn't always an option
The solution for some may be downsizing, but for others, this simply isn't the preferred option. Whether it's the mere thought of selling the family home, the inconvenience of moving to an unfamiliar area or difficulty finding an alternative home to purchase, sometimes it's best to stay put! Homesafe Wealth Release® can provide you with the necessary funds to do just that.
3. You want to age in your home
Many homeowners want to remain in their own home as they age. With Homesafe Wealth Release®, you can make all the necessary alterations (e.g. safety handles, ramps, stair climbers) to your home to make it suitable and safe as you become older, or perhaps even hire a carer to make life a little easier.
4. You want to remain independent
As we age, the dream is to be self-reliant and completely financially independent. Borrowing money from friends or family might seem like a good short-term solution, but further down the road, it may cause problems. Homesafe Wealth Release® takes away any financial burden from your loved ones and simply gives you access to the wealth you already have.
You can join thousands of over 60s who have turned to Homesafe to access cash in their retirement. Whether you want to pay off your mortgage, pay off some debts, provide some cash to live on or perhaps even take that holiday you have always dreamed about, talk to Homesafe today to see if we can help you.
Homesafe Wealth Release® is the debt free way for over 60s to access the cash they need. For more information please call Homesafe on 1300 307 059 or visit our website homesafe.com.au. *Terms, conditions and eligibility criteria apply.
Homesafe Wealth Release® is available in greater Melbourne and Sydney areas.
