subject: Retire Early and Boost Health with Equity Release [print this page] Retire Early and Boost Health with Equity Release
According to research from Stockholm University, retiring from work can do wonders for your physical and mental health. It is little wonder then that many people are choosing to retire early with the help ofequity release schemes.
The results from the Swedish research revealed that prior to retirement, 25% of participants suffered with symptoms of depression. After retirement, that figure dropped significantly, and there was an even more substantial decrease in mental and physical fatigue. This is perhaps unsurprising: remove the pressures of work, and add in more time to spend on the things that make you happy and keep you fit, and anyone will start to feel instantly better.
If you are a homeowner over 55 with a wish to retire, but feel you cannot do so due to the financial implications, it is well worth looking into releasing some of the cash locked into your property.
There is a variety ofequity release plans available and a specialist equity release adviser will ensure the right one is chosen according to your specific situation.
Work can be stressful; if you feel it's time to pack it in and start enjoying life, perhaps pursuing hobbies or learning new skills, or spending more time with those family and friends you don't see nearly enough of, then take a look atequity release: it could make a significant difference to your health.
Equity release may involve a lifetime mortgage or home reversion plan. To understand the features and risks, please ask for a personalised illustration.