0 Equity Release: Can Your Home be Your Pension? By The Bower Team / In Equity Release After spending 40 odd years at work you would think you would’ve paid in enough to your pension to live a comfortable and happy retirement. Yet for millions of people this is just a dream, as poor financial management may have led to them retiring with just a pittance left to live on. This is the reality facing many people today and in future years. Being able to jet off around the world and live your retirement to the full is a thing of the past — or is it? One way that all of this may still be possible is to look at your home rather than your pension as the means of an income in retirement. Equity release schemes – lifetime mortgages or home reversion plans — can unlock tax free cash as a lump sum or draw down income that can seriously bolster your pension pot. By speaking to a specialist equity release adviser you will be able to find out whether it’s the right course of action for you and whether there are any alternatives before you go ahead with your equity release mortgage application. Pensions are in the news a lot these days, mainly for all the wrong reasons. If you are reliant on your pension, consider equity release as a way to get what you deserve if your pension simply does not cut it. Equity release may involve a lifetime mortgage or home reversion plan. To understand the features and risks, please ask for a personalised illustration. Bower is an FCA regulated independent financial advice company that offers specialist advice on equity release throughout the UK. For more information email firstname.lastname@example.org or call 0800 4118668.