Too many families face the same quiet stress: parents are rich on paper but short on cash, while adult children plan around an inheritance that may never arrive. We dive into reverse mortgages with clear, practical advice on when they help, when they hurt, and how to protect vulnerable borrowers while preserving choices later in life.We talk through the core mechanics in plain English: minimum age 60, floating rates typically in the high sevens, ownership and occupancy rights that keep you in your home, and why lenders now require independent legal advice. From funding an urgent operation to future‑proofing a home with accessibility upgrades, we look at real‑world uses that ease pressure without forcing a sale. Then we stress test the trade‑offs: compounding over decades, the effect on moving to a retirement village, and the likely reduction to an estate that children may be counting on.Along the way, we tackle the trust gap left by past finance scandals, and we share the standards we follow so older clients get clear projections and honest guardrails. We also offer a mindset shift for families: plan your own future as if no inheritance is coming, and treat any bequest as a bonus. If you’re weighing a modest drawdown versus a large lump sum, wondering how repayments work if circumstances change, or trying to balance dignity, safety, and family expectations, this conversation gives you the tools to decide with confidence.If this helped, follow the show, share it with someone who needs it, and leave a quick review telling us your biggest question about ageing in place and home equity.Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

Ver todos los episodios