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Think paying off the family home will have you sorted for retirement? That might have been a solid plan once upon a time, but times have changed and and perhaps your retirement plan should change too.
Michael Vincent, mortgage director at Lighthouse Financial, joins Nadine to talk the dangers of relying on your house to look after you in later life, and what you should be doing instead.
See omnystudio.com/listener for privacy information.
By NZ HeraldThink paying off the family home will have you sorted for retirement? That might have been a solid plan once upon a time, but times have changed and and perhaps your retirement plan should change too.
Michael Vincent, mortgage director at Lighthouse Financial, joins Nadine to talk the dangers of relying on your house to look after you in later life, and what you should be doing instead.
See omnystudio.com/listener for privacy information.