Arthur and Mave are pensioners both aged in their late 60’s with limited superannuation. Their current income is $20,831p.a. which is proving to be insufficient to maintain their quality of life in retirement. They have lived in their home for more than 45 years. Besides their home, their only other financial asset is $15,000 in the bank.

Arthur and Mave’s financial adviser recommended that they look into a Reverse Equity Loan from AFE because of the certainty a fixed rate of interest provides. He then invested $71,216 on their behalf. They now have an income stream paying them $6,000 p.a. for the next 20 years.

Arthur and Mave’s total income has now increased to $26,831p.a. in the first year and their pension of $20,831 is not affected.

A Reverse Equity Loan from AFE has given Arthur and Mave peace of mind knowing that they have increased their annual income for the next 20 years and that they can now live and enjoy a relatively comfortable retirement, without having to move or sell.

All possible with thanks to AFE and Reverse Equity Loans.