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Will you be forced to sell your home to fund your retirement?

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Peter Harris, the Productivity Commission chairman, says Australia is ill-prepared for the coming flood of relatively healthy long-lived retirees. Photo: Andrew Meares - The Age
Peter Harris, the Productivity Commission chairman, says Australia is ill-prepared for the coming flood of relatively healthy long-lived retirees. Photo: Andrew Meares – The Age

The Age reports that retirees with substantial wealth tied up in their homes might soon face the prospect of losing their pension.

Aside from the lifestyle benefits of downsizing to the country, the relative affordability of property in Gippsland enables the release of wealth held in your old home. If you’re aged 65 – 74 and have $480,000 equity in your home, you can release more than $200,000 cash and independently own a brand new home within a welcoming LandGipps community.

Call us on 1300 545 263 to explore your options.

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Interested in buying land? Let’s chat. Call 1300 545 263

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