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Equity Release for Shortfalls in Retirement Income
25/10/2010
An industry expert has recently pointed out that it is a high priority for couples to take an active interest in each others retirement plans.
Moneynet.co.uk. claimed that this will help them understand the financial options available and prepare for any predictable shortfalls in savings.
Andrew Hagger, speaking for Moneynet.co.uk, said: "It is quite an important thing because if you are going to plan for your retirement then you need to understand exactly what savings you have, what debts and other outgoings."
His comments follow recent findings published by Prudential, which showed that couples could risk facing poverty in old age if they do not discuss their retirement plans with each other.
Homeowners aged over 55 years who would like to know how much money the value of their property could release to help them make up any shortfalls in retirement income, can find out by contacting therightequityrelease.co.uk for equity release advice.
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