123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Dream Of A Happy Retirement With Equity Release

Profile Picture
By Author: dorthywilliams
Total Articles: 107
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Are you approaching retirement and has not yet drawn a significant financial plan assisting you during the period? If yes then, it is time that you involve in little bit of planning towards securing your future. Since, the phase of retirement involves lot of uncertainties, ensuring a financial support is always advisable and essential. If you are aged 55 and possess rich asset then, you can most conveniently turn towards equity release for adding extra amount to your pension income. If you tend to be worried about the property value and whether it will prove to be beneficial for you or not then, rest your worries with an Equity Release calculator.


To explain in details, the scheme of equity release revolves around the idea of unlocking or extracting the monetary value tied to your property. The major catch of the plan lies with the fact that you can enjoy receiving an extra amount via your property or house without shifting base. This double benefit scheme of the plan often tend to catch the fancy of the retired individuals, as it enables them to rest their financial worry alongside spending the rest of the ...
... life within the comfort of their own house.


The financial plan functions like a loan scheme where the lender offers a certain amount to the homeowner either at once or through monthly repayments, which is later repaid by the lender at owners death or moving out by selling the property.


Well, with the requirements of the plan being cleared, what stands as a question is how much money is accrued in the property. Since, equity release deals with financial transaction, it is essential for the individual to develop a fair knowledge about the various existing schemes. It is also important to understand the calculation of the amount that can be extracted through the property. An equity release calculator helps you calculating the value of your property and predicting the equity that can be released through your property.


Available online easily, this particular tool helps in calculating the equity amount by just answering some simple questions. A single search on the Internet is sure to offer you with leads of various websites providing equity release calculator that requires you to enter your age, location of the property, and the approximate value of your property for estimating the approximate equity. A number of website also provide advanced calculator that allows you to compare the costs between various schemes that is available. Usually, the calculator helps in estimating the property value and calculating your repayment terms.


Availing an equity release scheme offers you with multiple benefits alongside leveraging your income during the retirement years. The scheme provides you the opportunity to avail tax-free cash income, guarantees an income for a lifetime, and allows you to spend the money according to your own wish. From paying off mortgages, clearing bills, to planning vacation, the equity income offers the right financial support. An equity release calculator helps in estimating the particular equity amount that can be unlocked from your property ensuring you the financial benefits and the profitable venture of the scheme.

Total Views: 152Word Count: 520See All articles From Author

Add Comment

Business Articles

1. Unveiling The Material Characteristics Of Plastic Parts
Author: adam.xu

2. Top 5 Beach View Resorts In Chennai For A Memorable Getaway
Author: greenmeadows resort

3. Relationship Counselling Den Haag Brings The Best Chance To Understand Each Other’s Needs!
Author: Angelika Matthias

4. Web Development Company: Guide For Hiring The Best
Author: Sagar Tech

5. Make A Business Website To Get Started Online
Author: Sagar Tech

6. Elevate Your Software Quality With Agile Advisors: Premier Software Testing Consultancy In Dubai, Uae
Author: kohan

7. Affordable Polyester Pleated Mesh From Top Manufacturers
Author: pavitra

8. Empowering Sustainable Development: Agile Advisors As Your Trusted Leed Certification Consultant In Dubai And Uae
Author: kohan

9. Buy Cats Eye Gemstone Online In Ahmedabad
Author: rishabhjains

10. Why Data Destruction And Sanitisation Are Important
Author: Destruction and Sanitisation

11. Stock Market Update: शेयर बाजार में लगातार चौथे हफ्ते बढ़त: क्या तेजी बरकरार रहेगी? जाने इस हफ्ते किन महत्वपूर्ण पहलुओं पर ध्यान देना चाहिए
Author: M Ratlami

12. Perfect Happy New Year Gift For Your Girlfriend Thoughtful Ideas For 2024
Author: MyFlowerTree

13. China Valmax Valve Co., Ltd
Author: China Valmax Valve Co., Ltd.

14. Mastering Clipping Path In Photoshop: A Guide To Precision Editing
Author: Sam

15. Expert Emergency And Cosmetic Dental Care Services For Families And Individuals In St. Louis
Author: Jessica Williams

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: