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AIBU

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(80 Posts)
Chinesecrested Fri 13-Apr-18 20:42:42

I used to think equity release was a bit of a con, but if it means it makes life easier, maybe provides a few luxuries, the odd cruise perhaps, then why not! The alternative means just means that those relatives who have already benefited from your generosity, get more! Even if you do release equity, you'd still live in your house and have something to leave them when you go. Take professional advice, be careful, but maybe it's the way forward?

morethan2 Fri 13-Apr-18 20:18:14

I’m in a similar situation and I can’t really can’t see an end to it. Nor can I ever see us turn our backs on those we love. We’ve chosen to offer support. It does niggle a bit especially when it seems it’s not appreciated. I think it’s really important not to become embittered (I try really hard but resentment occasionally rears it’s ugly head) we not in such dire straights at the moment but if or when I think I’d do my homework first but might consider equity release. If needs must an all that. flowers

Situpstraight Fri 13-Apr-18 19:55:51

No you aren’t being unreasonable at all. I can’t help about Equity Release, but I believe there are some older threads here on GN about it.

But well done for doing what you thought was right for your family, I wish, though that it had turned out better for you.

Some of our generation might have had it easy, but we’ve had to work long hard hours for everything we have, no inheritance for us.

gillybob Fri 13-Apr-18 19:02:55

You have my absolute sympathy notoveryet I’m in a very similar position to you . Worked since I was 16 never really wanted much for myself and really thought it would be easier by now .

You are not being unreasonable for feeling fed up ! sad

notoveryet Fri 13-Apr-18 18:59:28

If I had my time again I wouldn't be so damn "responsible" I've kept a roof over grandsons head ( mental health issues ) and a car on the road for another family member who needs it for work. I worked since I left school, all my savings are gone and I'm struggling. I'm starting to think equity release is the only way forward. AIBU to be fed up, especially when I keep hearing how easy my generation had it.