Do you have the money for the lifestyle you desire?

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Many older people find that their pensions will not stretch to the lifestyle that they want – they are income poor.

Meanwhile, they find themselves with significant capital tied up in their homes – asset rich.

Equity release provides a method of extracting cash from your home.

However there are several bear-traps to watch out for. Check out MoneyTalk this Friday (the 3rd of June) to find out what these are.

Do you have an opinion on this subject? Or an experience you’d like to share? Contact the show here, or on Twitter or Facebook ahead of time or on the day.

Is equity release the right path for you? Facts & Figures Financial Planners have a wealth of experience in this area (and many more). Learn more here.

MoneyTalk has previously covered Senior Finances on a broader spectrum. You can listen to these shows here and here.

To download our Equity Release calculator please click here.