Many retirees depend entirely on their NZ Superannuation for their income during retirement. As a result, money can be tight, and any unexpected expenses can leave a sizeable hole in the budget. That’s where a reverse mortgage may be an option. A reverse mortgage could...
Retiring with mortgage debt. An alarming number of New Zealanders will retire with mortgage debt, says credit rating business Credit Simple, indicating that a financially secure retirement is out of reach for many Kiwis. But it needn’t be. Planning ahead today goes a long way towards...
Tapping into your home equity is a convenient way to raise money but it also delays paying off your home completely, potentially jeopardising your comfort in retirement. Perhaps, a PERSONAL LOAN is a better way to finance your lifestyle purchases? Home equity is the part of...