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How Boomer Homeowners Can Increase Their Retirement Income

Home Equity
Life Longevity
Reverse mortgaging
Superannuation

Homes that were bought 40 years ago in Sydney and Melbourne have now compounded in value to become amongst the world's most expensive residential properties. This is good news for...

16 Aug, 2021
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Aged Care Royal Commission 2020: Statistics and Government Actions Summary

Aged Care
In Home Aged Care
Residential Aged Care
Retirement Stages

Established in October 2018, before the Covid-19 pandemic swept the globe, the Australian Royal Commission into Aged Care and Safety delivered its final report in October 2020.

28 Jul, 2021
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Retirement Income Review Statistics Compilation

Retirement Income
Retirement savings
Superannuation

The Retirement Income Review was released by the Australian government in July 2020. The report provides an overview of Australia’s current retirement income system, taking into account...

28 Jul, 2021
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Reverse Mortgage Pros and Cons

Home Equity
Retiring with a Mortgage
Reverse mortgaging

A reverse mortgage can help you access the savings in your home to enhance your lifestyle and wellbeing in retirement, without needing to sell your home. As with any important decision,...

17 May, 2021
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Seniors Finance

Drawdown Loans
Home Equity
Retirement Loan
Reverse mortgaging

There are two main forms of lending considered for older Australians who own their own home. The first is a line of credit, the second, a reverse mortgage. We’ll explore each of these...

11 May, 2021
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Home Loans for Seniors

Drawdown Loans
Home Equity
Retirement Loan
Retiring with a Mortgage

As you get older, banks are increasingly reluctant to finance a mortgage because, as they see it, there are two main challenges. 1) Ability to make repayments and 2) the lender could...

11 May, 2021
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Reverse Mortgage Lenders

Interest rates
Retiring with a Mortgage
Reverse mortgaging

Reverse mortgage interest rates are usually higher than those offered on new mortgages, primarily because they are generally repaid at the end of the loan rather than via regular repayments...

3 May, 2021
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Equity Release: Using Your Home to Fund Your Retirement

Home Equity
Retirement Loan
Reverse mortgaging

A high proportion of retired homeowners plan on leaving the family home to their children. Although you may have some super and other savings, and receive a full or part pension, However,...

18 Dec, 2020
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What does coercive control look like?

Coercive control
Home Equity
Life Longevity

A proud partner in the fight to criminalise coercive control, specialist retirement funding provider Household Capital offers responsible long-term access to home equity to meet the...

3 Dec, 2020
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Plaudits and brickbats for the Retirement Income Review: Who said what

Home Equity
Retirement Income

The Treasury’s Retirement Income Review, released on Friday, attracted its fair share of plaudits and brickbats from early commentators, with many stakeholders highlighting the government’s...

20 Nov, 2020
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‘I worked too hard all my life to keep saying no to good things in retirement’

Home Equity
Home Renovations
Retirement Income

Anyone who’s worked hard all their life, pinched pennies to raise kids, then found themselves without enough superannuation to support them in retirement will understand Vivienne...

13 Nov, 2020
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Why your home WILL be part of the new retirement income conversation

Home Equity
Retirement Income
Retirement Stages

The Morrison Government would never include the family home in the Age Pension assets test, Jane Hume, the assistant minister for superannuation, has guaranteed, ahead of the long-awaited...

4 Nov, 2020
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Reverse Mortgages - Myth Busting

Home Equity
Retirement Loan
Retiring with a Mortgage
Reverse mortgaging

The words ‘reverse mortgage’ incite a range of emotions. For some, they’re viewed with suspicion and hostility; for others they’re regarded as the solution to a problem that...

20 Jul, 2020
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The retirement income squeeze

Home Equity
Retirement Income
Retirement Loan
Retirement savings

For most of us, 2020 has not been what we expected. Many resolutions made at the commencement of this new decade fallen by the wayside. At a time when you expected to be living your...

22 Jun, 2020
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Retirees offered fast-tracked home equity withdrawals of up to $20K

Home Equity
Life Longevity
Retirement Income
Retirement savings

Retirees left struggling with a drop in investment income as a result of Covid-19 but reluctant to draw down on superannuation have a new option on offer from retirement funding provider...

18 Jun, 2020
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Considerations before you become the bank of mum and dad

Bank of Mum Dad

Every parent dreams of seeing their children do well in life; to see them find success in a field they love, start a family with a partner they love, and to one day own a home they...

4 Jun, 2020
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Climbing the property ladder

Bank of Mum Dad

The fact that the Bank of Mum and Dad is Australia’s fifth largest money lender, when it comes to home loans, never fails to surprise. It’s amazing, isn’t it, to think that the...

4 Jun, 2020
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Funding your grandkids’ education

Bank of Mum Dad

There are few joys in life quite like becoming a grandparent. It’s all the joys of parenthood with none of the nappies. You and your partner now both get to be the ‘fun one’,...

1 Jun, 2020
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An alternative to drawing on your super in a downturn

Retirement savings
Superannuation

If you’re worried about your super in these turbulent times, it might be time to take another look at the third pillar of retirement funding – home equity. It’s an unprecedented...

28 Mar, 2020
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How to Access Your Home Equity

Home Equity
Home Reversion Schemes
Interest rates
Pension Loan Scheme
Reverse mortgaging

Just days after it announced a review into Australia’s retirement income system, the federal government said one thing wouldn’t be changing in any major way – the Age Pension.

6 Dec, 2019
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Will medical expenses derail your retirement?

Aged Care
Medical Expenses
Retirement savings
Retirement Stages

Much has been written about Australian retirees being too conservative with their spending, particularly in the early years of retirement.

6 Dec, 2019
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Household Loans offer lower interest, more flexibility on home equity release

Home Equity
Interest rates
Reverse mortgaging
Superannuation

Many older Australians have a big problem. They should be looking forward to a retirement of 25 years or more. The problem? Being able to pay for it. If you’re like most of today’s...

28 Nov, 2019
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Why retirees are too conservative with their spending

Life Longevity
Retirement Income
Retirement savings

There’s been a body of research and a number of articles to suggest retirees are too conservative with their spending, particularly in the early years of retirement.

7 Oct, 2019
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Forced into retirement? Understanding your rights as an older worker

Retirement Income
Retirement Stages
Transition to Retirement

Losing your job is tough to deal with at any age, whether you are young and just starting out on your chosen career path, or if you may be nearing retirement and considering what your...

25 Sep, 2019
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How to navigate the different stages of retirement?

Downsizing
Life Longevity
Retirement Stages
Transition to Retirement

Whether you’ve already bid farewell to working life or are just beginning to consider your options for the future, retirement is most likely something that crosses your mind quite...

25 Sep, 2019
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Building quality of life: The 5 secrets to a happy retirement

Life Longevity
Retirement Income
Retirement savings
Transition to Retirement

Entering retirement is, for the most part, an exciting journey full of new possibilities and adventures but at the same time the transition from working life can be a shock to the system...

24 Sep, 2019
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Home care wait-list finally falls but 120,000 still waiting for care

Aged Care
In Home Aged Care
Medical Expenses
Residential Aged Care

The waiting list for a home care package has fallen for the first time, according to new government data, but experts say the wait is still too long, with 43 Australians dying every...

19 Sep, 2019
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‘Ageing passport’ could keep Aussies out of residential aged care

Aged Care
In Home Aged Care
Residential Aged Care

An ‘ageing passport’ could be the way to help older Australians stave off a move into a nursing home, according to a new report that looked at radical ideas to fix the troubled...

17 Sep, 2019
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Mortgage stress infiltrates retirement

Refinance
Retiring with a Mortgage
Transition to Retirement

The recent report by Australian Housing and Urban Research Institute (AHURI) has given rise to all manner of lurid headlines: “Mortgage debt causing older Australians distress and...

4 Sep, 2019
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How to live well at home as you age

Aged Care
Downsizing
Home Renovations
In Home Aged Care
Retirement Income

Australians prefer to stay in their own home as they age. Can you afford the renovations required?

9 Aug, 2019
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Three ways to release home equity

Downsizing
Home Equity
Life Longevity
Pension Loan Scheme

That we are living longer is a great reflection of Australia’s improving living standards, yet there is also a cost. Living longer, when combined with insufficient retirement savings,...

1 Jul, 2019
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The hidden burden of low interest rates

Interest rates
Retirement savings

When interest rates fall, it’s generally reported as a good thing. All those homeowners getting a break on their mortgage, the money freed up by falling rates flowing into the economy...

19 Jun, 2019
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Age in your own home during retirement

Aged Care
In Home Aged Care

Nursing homes, residential aged care…. they’re generally not the first thing on the retirement bucket list. If you’ve been thinking that you don’t want to move into an aged...

29 May, 2019
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Australia’s retirement challenge

Retirement Income
Retirement Loan

Australians are experiencing a major societal transformation. We are living longer than ever, and many people look forward to a long, active retirement.

22 May, 2019
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The retirement savings shortfall

Retirement Income
Retirement savings

While the United States has more millionaires than any other country in the world, Australia has the greatest median wealth per head, significantly ahead of the millionaire-rich US.

16 May, 2019
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My home is my castle

Downsizing
In Home Aged Care

Home ownership is a strong part of Australia’s cultural identity, our way of life. That does not change when you retire…in fact, most Australian retirees prefer to continue living...

8 May, 2019
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Australians are Getting older and living longer

Life Longevity
Retirement Stages

Australia’s population is ageing and longevity is increasing. In other words, we’re getting older and living longer. In fact, the life expectancy of Australians in retirement has...

30 Apr, 2019
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More Australians are retiring with a mortgage

Refinance
Retirement Income
Retiring with a Mortgage

There are a number of reasons Australians might be retiring with a mortgage debt; medical costs from unexpected illness or injury, divorce, kids drawing on the ‘bank of mum and dad’...

2 Apr, 2019
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Rethinking home equity and retirement funding

Home Equity
Life Longevity
Retirement Income
Retirement savings
Reverse mortgaging

Australians are experiencing a major societal transformation as the baby boomers, around 5.5 million people born between 1946 and 1964, are reaching retirement.

20 Mar, 2019
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$900b in home equity could save your retirement

Home Equity
Life Longevity

Your home equity could save your retirement – or your children’s future. There is an estimated $900 billion in untapped home equity in Australia, which can now be tapped to help...

10 Mar, 2019
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