Robert Whelan
👤 SpeakerAppearances Over Time
Podcast Appearances
Now, there are solutions available you're looking at.
If you don't have the cash assets, the cash wealth, and in terms of downsizing or lifetime mortgages, that type of thing.
It can be, but for some people, it's a question of the trade-off.
They might be giving away 20% of their house value today,
to give away, as in releasing 20% of the house value today to maybe 65% of the house value when they die.
But they may say to the kids, are you happy with that?
We can't take it with us.
We don't want to leave the area.
We don't want to sell our house.
You need a house now.
You need a house now.
What do you want?
And that's what I'm saying.
Having that conversation, showing the kids the numbers, getting a financial advisor involved, but sincerely.
And everyone then can make an adult decision.
And then there's no regrets.
And then there's no rows.
And then people can plan.
It's crazy.
I couldn't agree more.