249 - Andrew Morris - Equity Release - Age Partnership
Maven Money Personal Finance Podcast
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The Worst Thing About Equity Release?
equity release is a tool used in later life planning. Minimum age for the plan is 55, but it can be up to hundreds of years old. The product runs for 30 years if taken out when you're at an average age of 69. But interest compounds and builds up over time - which some people see as negative.
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