Retirement Readiness

In 2024-2025, 156,000 people retired, with an average age of 63.8 years. Each of these people had hopes and dreams about retirement, but will those dreams come true?

Of those who retired in 2024-2025:

• Most intended to retire at 65.6 years, so on average finished work earlier than anticipated
• 33 percent retired because they reached retirement age or became eligible to access their superannuation
• 13 percent left work earlier than planned due to sickness, injury or disability
• 6 percent found themselves retrenched or dismissed and unable to find alternative employment

When retirement goes to plan, it can be an exciting new chapter of life. When it doesn’t, it can be challenging and stressful. How can you help your clients look forward with confidence and live the retirement lifestyle they want?

Connective Reverse enables your clients who are homeowners aged 60+ to access their home equity to:

• Repay an outstanding mortgage and do away with regular repayments
• Renovate or modify their home so it’s safe and comfortable for retirement
• Receive a regular income stream to supplement pension income
• Buy a new car, or cover medical and care expenses

Importantly, Connective Reverse does not require regular repayments; your client remains the owner of their home, can benefit from any capital growth and live there as long as they choose.

We’re here to help.

Reach out to your Connective Lending Manger or your Connective Reverse BDM on 1300 162 183 for more information.