Some people like their fishing; others like their walking; for some it's dancing and for others it's a weekly trip to the football.
All these are pastimes that keep the mind and the body active, and interests that are particularly popular in retirement thanks to increased leisure time.
For many, retirement spells the start of a new phase of life; one that's more laid back, healthier and happy thanks to finally having the hours in the day to fulfil all the goals dreamed of during a long career of working day to day.
It's a time to spend quality hours with loved ones; grandchildren perhaps or cherished friends. A time to take holidays whenever the fancy takes you rather than during the rigid time frames dictated by employment; a period during which relaxation and enjoyment can play a major role.
It does take a fair bit of money, however, to meet these ideals and sometimes a pension by itself won't quite cover everything comfortably. So step inequity release: using the value in your home to supplement your pension income or to pay off a mortgage or loans so that your disposable income is increased.
Equity release in the form of alifetime mortgage or home reversion plan is a popular way to extract cash from a property that's been sitting there locked away for years. Instead of standing by and wishing you had a bit more money to spend on the finer things in retirement, wouldn't it be nice to put the asset you've been building over the years to good use?
A specialistequity release adviser will answer all your questions; speak to Bower Retirement Services today to find out if you qualify for equity release and if so, how much cash you could release.