The Harsh Reality of Renting in Retirement

Retirement is changing fast and owning a home no longer guarantees financial security. In this episode, we break down the growing reality of retiring without a home, why more Kiwis are becoming asset rich but cash poor, the risks of long-term renting in retirement, reverse mortgages, downsizing traps, build-to-rent developments, and the financial decisions people are now making to maintain lifestyle and flexibility later in life. Next Steps: Want to understand whether your current retirement setup is actually sustainable? Get in touch with the Lighthouse Wealth team to build a personalised retirement and cashflow plan. https://lighthousefinancial.co.nz/wealth/ Read the full article here: https://www.stuff.co.nz/home-property/360972948/i-still-want-live-why-one-auckland-retiree-sold-her-home-and-chose-renting For more money tips follow us on: Facebook - https://www.facebook.com/lighthousefinancialnz/ Instagram - https://www.instagram.com/lighthousefinancialnz/ The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.