Hi ,
Lifetime Home is a new income solution for retirees but if you think it's another reverse mortgage then think again, it is very different in one key way. Lifetime Home is a debt-free alternative, allowing Kiwi seniors to access some of the capital in their home in exchange for a regular income, with no loan and no accrued interest. In this week’s newsletter we provide a handy breakdown of the key differences between Lifetime Home and traditional reverse mortgages.
On the subject of property are you thinking about a retirement village? It’s not quite the same as buying a home, and the financial and contractual details can be complex. Check out our article on some of the key things to watch out for—so you can make an informed decision.
Also in this month's edition we highlight how you can unlock the potential in your Gold Card.
Finally, if you want to know more about all of Lifetime Income's other solutions to help you have a sustainable income for life in retirement don't miss out on their Retirement Income Workshops. They are currently running and there's still some availability.
