Working with retiring or retired clients? Statistically speaking, around 36% of Australians retire with a mortgage, while nearly one fifth retire earlier than planned, due to ill-health, injury or job loss.
Retirement should be a time of enjoyment, not a source of financial worry. However, challenges your clients experience like retiring unexpectedly or still making mortgage repayments can cast a shadow over this chapter of life for them. Even for those without a mortgage, many Australians find their wealth is tied up in their home, leaving them 'asset rich' but short on cash for daily life.
Connective Reverse is a flexible lending solution for homeowners aged 60+. It’s a reverse mortgage that does not require regular repayments and enables homeowners to unlock their home equity in a responsible and supported way. This flexible solution helps address a wide range of real-life needs in later life. Accessing home equity can then be used to meet a range of your clients’ needs, including to:
To provide more details to your clients about Connective Reverse, download the information brochure. It includes:
If your clients are feeling asset rich but cash poor, Connective Reverse could be the solution.
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