Meet Nan & John
“We've always thought that retiring would be nice, but we never thought it would actually happen. But we've finally done it.” – John, 69, Gold Coast
Nan and John are aged 71 and 69 respectively and they live in a waterside home on Queensland’s sunny Gold Coast. They love their home, where they’ve spent more than 22 years, and did not want to move to a smaller property or retirement village.
After 40 years of working together and with a big portion of their retirement savings tied up in their home, Nan and John didn’t believe their financial situation would allow them to retire. Without their home equity to draw on, they didn’t have the means to generate a retirement income or capital to cover significant expenses while living in their home.
Nan and John contacted Household Capital, looking for a solution.
With the assistance of our helpful team, Nan and John learned they could repay their mortgage in full, which ultimately allowed them to retire – by unlocking their home equity.
“With the help of Household Capital, we can actually experience retirement,” John says. “Yep, and comfortably too,” Nan adds. “In a house that we love.”
Nan and John can now Live Well At HomeTM in retirement and have peace of mind that they can stay in their beautiful home which they love.
Sandy and Colin
Loan Purpose: Regular IncomeMeet our beautiful customers Sandy and Colin who, like many retired Australians, found themselves ‘asset rich but cash poor’. Thanks to Household Capital, they were able to access their home equity to secure a fortnightly income stream that allows them to enjoy a comfortable retirement.