Downsizing

Release your equity with downsizing

With kids growing up and moving out, there are plenty of empty nesters that find the family home has become more than they need. There's too much maintenance and often, even more wealth locked up in such a large property. 

Welcome Home Financial Advice clients that choose to downsize learn how

  • They can determine the amount they can spend on a new, easier to manage home.

  • How they can best manage their financial gains to make the most of the government pensions available

  • If, in fact, it makes sense for them to downsize their home

  • What effect this can have on future aged care requirements

Moving from what has been the family home for so many years can be a big decision for anyone to make. Doesn't it make sense to ensure the right plan is being followed before you take the plunge?  

GENERAL ADVICE WARNING


All strategies and information provided on this website are general advice only which does not take into consideration any of your personal circumstances. Please arrange an appointment to seek personal financial and taxation advice prior to acting on this information. Every effort has been made to offer the most current, correct and clearly expressed information possible within this site. Nonetheless, inadvertent errors can occur and applicable laws, rules and regulations may change. Any opinion provided on this website is the opinion of Mitchell Johnston and do not represent the opinions of Bluewater Financial Advisors, Vow Financial or any other person or company. 

Welcome Home Financial Group Pty Ltd ACN 614 198 122  is a corporate authorised representative of Bluewater Financial Advisors Pty Ltd (CAR1247584) Welcome Home Financial Group Authorised Credit Representative Number 506082 is authorised under Vow Financial Pty Ltd ACN 138 789 161 Australian Credit Licence 390261. Welcome Home Financial Advice in a corporate authorised tax (financial) adviser registration number 25780831