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New interest-free loan scheme to help seniors unlock an income from their homes

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Genevieve Cua

Genevieve Cua

Published Tue, Mar 29, 2022 · 08:08 AM

RETIREES who are asset-rich but cash-poor can consider yet another loan scheme to help them unlock an income in retirement.

AN LIVING, self-described as a "socially conscious enterprise'', has rolled out a "home monetisation'' loan scheme to help retirees who worry about outliving their savings.

Homeowners who wish to tap AN LIVING Wealth Access must live in freehold or 999-year leasehold properties, which are unencumbered.

Retirement

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