Releasing equity in your home

By George Cochrane
Updated April 17 2014 - 1:18pm, first published April 7 2014 - 10:43am
Do research: Reverse mortgages let you borrow money using equity in your home as security. Photo: Jim Davies
Do research: Reverse mortgages let you borrow money using equity in your home as security. Photo: Jim Davies

We receive a combined part pension and partially draw down from our superannuation every month. Please advise on how reverse mortgages for self-funded retirees work. Would our pension be affected? R. D.

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