Over the many years that Peter has been assisting Queenslanders with Reverse Mortgages, many of his pensioner clients have expressed frustration at trying to live within their Pension Income.
This is especially true where a couple have both been receiving the Aged Pension and one of them passes away, leaving the other to manage on approximately 66% of their previous pension income!
Ask Peter how to set up a regular monthly payment, direct into your bank account.
Whilst the funds from a regular payment are NOT income, it has the same effect of increasing the money you have to live on. It is actually better than income, as it has no effect on either your pension or your tax assessment.
A regular monthly payment can help you stay in your home and maintain your retirement lifestyle.
Many of Peter’s clients have set up a monthly payment of between $200 to $3,000 to help them to maintain their lifestyle. The amounts vary, depending on each client’s particular circumstances, the value of their property and their current retirement income.
Peter will be able to discuss your current financial position and recommend a structured reverse mortgage to provide you with a regular ‘income’ payment.
This structure will maintain your current pension payments with no effect of your tax situation.
Receiving advice related to your circumstances is vitally important. A phone call to Peter will allow you to have a informative discussion about all your options.
Phone now: 0412078785
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20 years’ experience consulting with senior Australians and Self-Funded Retirees regarding specialist credit products designed to support retirees.
The Difference? – You are talking to an Expert – Not a Call Centre!
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