Truth: Yes, you can. But the longer you leave it, the less money you will have.
Myth: Money can’t buy happiness.
Truth: Okay. This is a bit contentious, but I suspect that thousands of readers would be interested to see if they could handle a major Lottery win without sinking into deep despair.
It’s fair to say that one area of consumer finance that has suffered from repeated misinterpretation is equity release.
Despite its burgeoning popularity among homeowners aged 55 and above, the equity release process is misunderstood by a surprisingly large number of people who comment upon and write about it. As a consequence, the process has become mired in ambiguous commentary and erroneous interpretations that can confuse consumers. Here are a few such examples.