It’s only the beginning

Older Australians are reigniting their retirement dreams with help from Boomer Home Loans.

Retirement should be about having fun, not worrying about money.

Retirement is about making the most of what you’ve got. But what happens when life hasn’t gone according to plan? An increasing number of hard-working Australians are reaching what should be the twilight of their careers, only to realise they barely have enough savings and super to pay off their mortgage, let alone fund a comfortable and fulfilling retirement.

Boomer Home Loans is an Australian-first company that understands these unique financial challenges and is committed to helping Aussies live well, now and throughout retirement. With fair, flexible lending solutions, Boomer is helping retirees – and plenty of soon-to-be retirees – realise their retirement dreams haven’t drifted beyond reach just yet.

Many hard working Australians retire without enough savings to travel.

A fair go for over 55s

There’s one thing that’s true about retirement for just about everyone – it’s expensive. Consider the outgoings: bills, subscriptions, day-to-day expenses like food and transport. You will have medical costs, car troubles, unforeseen home repairs and after all that, if you’re lucky, there will be things you want to do like hobbies and travel. These costs quickly add up, particularly if you plan to ride the retirement wave for 30-40 years.

The good news is help is available. If you’re over 55, Boomer’s lending options can unlock the equity in the family home so you can use it to enhance your lifestyle.

Boomer is committed to finding what works for you. In some cases, this may mean a reverse mortgage loan where you continue to own and live in your home while using some of the equity to fund a more comfortable retirement. In other cases, you may explore a unique combination of home loan products with the flexibility to change the features of your loan repayment as your working status changes. It’s all about finding the right fit.

The market is flooded with options for young borrowers, but these aren’t always suitable for those over 55. Boomer’s specialist home loan products and services are designed to help level the playing field. Because retirement should be about doing the things you’ve always wanted to do, not wondering how you’re going to pay for them.

Reimagining later life lending

Boomer is proud to be Australia’s first specialist lender for over 55s. But while this service is a first-of-a-kind in Australia, it’s by no means an unknown quantity. Similar lending services are already helping millions of people overseas unlock the value in their properties.

With Boomer, you are more than just a number. They create tailored home loan plans for every eligible customer and regularly check in to ensure you’re on track. Their Australian-based customer services team is available over the phone and online. The team at Boomer really knows what it means to be a boomer – many of them are over 55 themselves. And just like other lenders, Boomer is fully accredited and regulated.

Retirement is all about making the most of what you’ve got. So when life doesn’t go to plan, it’s comforting to know Boomer Home Loans is here to help you navigate the choppy waters of retirement funding for smooth sailing on the life that you deserve.

Call 1800 552 100 or visit boomerhomeloans.com.au

There should be time for hobbies and travel in retirement.

Loan Breakdown

Boomer Clear – a home loan designed specifically to help you clear your mortgage before retirement.

Boomer Switch – a unique combination of home loan products that allow you to refinance your existing loan and then retire your home loan repayments when you stop working.

Boomer Reverse – a reverse mortgage loan that allows you to continue to own and live in your home while using some of the equity for a more comfortable retirement.

Boomer Lite – a reverse mortgage loan with similar features to the Government’s Home Equity Access Scheme (formerly Pension Loans Scheme).

In partnership with Boomer Home Loans

Originally published as It’s only the beginning