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Meet Joe & Diana
“The best thing we've got from Household Capital is peace of mind in our old age”
– Diana
“I think the reverse mortgage is a wonderful idea, and I don't quite understand why more people of our generation don't do it, because, I think there are a lot of elderly people around, sitting on valuable real estate and scrambling for cash, making life difficult. Household Capital and its reverse mortgage just completely solved that”
– Joe
Joe and Diana live in Melbourne’s leafy north-eastern suburbs, close by to their daughters. Before that, they lived and worked in Canberra for 20 years and when Joe retired, they moved to the Blue Mountains to live in a beautiful heritage home on 8-acres. However, after a major bushfire burnt through the region, they decided to move closer to family and purchased an apartment close to family.
Purchasing their apartment was exciting but left them with limited funds. Joe’s pension was enough to cover the basics, but they didn’t have much for leisure or travel in retirement – something they wanted more of.
Like many older Australians, their pension was just enough to cover their everyday needs but they didn’t have anything left over to enjoy the lifestyle they’d looked forward to, or to cover unexpected costs. To increase their retirement income, they turned to Household Capital to help them to unlock some of the wealth in their home. Since then, they’ve been able to travel to Vancouver with family and enjoy the peace of mind they wanted in retirement; knowing that they had a buffer for unforeseen expenses.
Lynne, Raelene & Suzanne
Loan Purpose: Confidence in RetirementAfter learning about Household Capital through their friend Lynne, Raelene and Suzanne decided they'd also unlock their home wealth. They now have more money for their retirement and can cover any unexpected expenses without having to worry.
John
Loan Purpose: ContingencyJohn lives in a traditional ‘Queenslander’ home which, over the years, he's worked on to keep in great shape. He’s been retired for a number of years and still has many retirement goals. With Household Capital by his side, he’s been able to unlock his home wealth to achieve his goals.
