- Australians want to live well at home for as long as possible in retirement.
- Household Capital’s clients Jenny and Steve used their home equity to renovate their indoor and outdoor areas.
- Renovations can increase the value of a property, making it a great way to utilise home equity.
One thing that’s been highlighted over the past two years is the importance of that place called home. It’s become our sanctuary, our safe place.
COVID-19 and other influences, such as the Royal Commission into Aged Care Quality and Safety, have reinforced the fact that Australians want to live well at home for as many of their retirement years as possible.
To do that, it’s important to be secure, comfortable and able to access the care you need, when you need it. It’s all about comfort, functionality for age, and health. In our experience working with retirees, many modifications can help older Australians retain their independence.
Homeowners Jenny and Steve decided to use their home equity to renovate their indoor and outdoor areas, so they can live there happily for years to come. Hear what they have to say in the video below.
For some, home modifications can be as simple as a paint job or creating an outdoor area to soak up the sun. For others, like Steve and Jenny, it’s a major renovation. Importantly, renovations will generally increase the value of a property, so it’s a great way to utilise home equity.
Your home can be both the best place to live and the right way to fund your retirement. Household Capital provides you with the flexibility and choice to make decisions about your retirement lifestyle. We want you to live well at home. Is your home retirement ready?
To see how much home equity you could access, try Household Capital’s simple online calculator. Alternatively, give them a call on 1300 699 624 to speak to a retirement specialist.
Important information: Applications for credit are subject to eligibility and lending criteria. Fees and charges are payable and terms and conditions apply (available upon request). Household Capital Pty Limited is a credit representative (512757) of Mortgage Direct Pty Limited ACN 075 721 434, Australian Credit Licence 391876. HOUSEHOLD CAPITAL™, the Star Device and Household Capital and the Star Device are trademarks of Household Capital Pty Ltd.