This week, we want to explore the concept or borrowing in retirement a little more fully by looking at a unique way of doing so – the Commonwealth Government’s Pension Loan Scheme.
In recent articles we've explored the personal and general reasons why many Australians choose not to sell their family home as they move into and through retirement. In this article, we look at ways that make keeping a family home easier once you stop working.
We love reading those ‘Dear Abbey’ type letters to the newspaper. Especially the financial ones. Here is a classic we read recently about financial plan for a couple nearing retirement – and what we would do if this were our client.