UNLOCK YOUR EQUITY: Grey Divorce

Reverse mortgages can be a significant financial tool for older Australians going through a "grey divorce"—a term used to describe divorces that occur later in life. 

Grey divorces often involve complex financial considerations, such as dividing assets accumulated over many years, including the family home, superannuation, and other investments.

In this context, a reverse mortgage might be considered as a way to access funds tied up in the family home, particularly if one partner wishes to remain in the home but needs liquidity to buy out the other partner's share or cover living expenses after the divorce. 

For those considering this option, it's crucial to seek independent financial and legal advice to reassess retirement plans to ensure financial stability post-divorce.