So, do you start thinking what will you do soon after retirement?
For example during the first 12 months or the first year after retirement. Create a plan also what will you do during your retirement? Remember, when we do something, then anything it will cost. If you want to make sure that you prepare for your needs after retirement, then equity release may be a consideration.
When you retire, not only your income that stops but also other benefits that you have received from the office where you work. It will be better to anticipate and take into account health care costs when you start retiring. You may have health insurance, but at least you should have a preparation, so there are savings that can be used in an emergency, especially if the insurance policy does not cover it. Learn more about it to get ready making the best decision which will not add your financial burden.