How to enjoy retirement life
Published Tue, Dec 3, 2013 Updated Tue, Feb 16, 2021
We spend most of our working lives making compromises. We start life full of ideas and plans for spending our free time but can rarely find enough of it to do so … until retirement that is.
Retirement is a period when you can finally embrace freedom and independence, when the major responsibilities of family and work withdraw. There are a number of ways that retirement life can be enjoyed, each of which will be your own personal path with your own definition of success.
Maybe you have grand plans for seeing the world or you might harbour ideas for taking on the challenge of running a business? Whatever the case, your retirement can open plenty of opportunities.
Of course, whatever path you choose, proper planning and preparation at an early stage will help safeguard you dream retirement.
The biggest decision you will likely have to make is what to do with your home. Many opt to sell up the now obsolete family home and move into something a little smaller, usually after the kids have flown the nest and house maintenance has become a little too much.
Unlocking the power of your home
Keeping a realistic view of your financial situation goes a long way to ensuring you can achieve what it is you want. A great way to get yourself some financial elbow room is to take advantage of the capital tied up in your home.
Equity release is a process of unlocking this capital and giving it to you tax-free, whilst still enabling you to live in your home.
What you do with the money is entirely up to you. For a quick and effortless way to find out how much could get, have a look at McCarthy & Stone equity release schemes. If you assert the value of your estate and mortgage, you can get a response emailed over to you hassle free. Simple.
If you would like a more thorough assessment you can take advantage of a free financial assessment by an Age Partnership expert advisor. With no single retirement situation the same, it is important you find a plan that suits you individual needs.
You may want to explore some of your retirement living options whilst you’re on the site, McCarthy & Stone offer a huge range of top-notch retirement homes that will suit anyone’s requirements and taste. Financial advisors will also help you receive any state benefits you may be entitled to, making sure you really can enjoy the best time of your life.