How to tap your home equity for an income stream - Sydney Morning Herald

If you are asset rich but cash poor, what is the better option to generate income: Taking out a reverse mortgage or accessing the federal government’s Home Equity Access Scheme?

Another alternative to HEAS is that you could downsize your home and, with $6 million, move into a posh retirement complex and still have millions to spare. I am aged 65, my wife is 60, and we both … [+3481 chars]

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