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Ashley Shepherd is the founder and managing director at Over50choices. With over 30 years’ experience in financial services, he has held senior roles in building societies, banks and insurance companies.
Martin Lewis’ view on equity release is that it could be a good option if you’re over 55, need to increase your income and are not concerned about leaving an inheritance.
The amount of equity you can release from your home depends on several factors but typically ranges from 20% to 53%.
Money saving expert Martin Lewis offers pension advice to all ages. We take a look at what he says about pension drawdown.
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