With the extending Lease Buyback Scheme to 4-room flats ...
Uncle8888 will have his fund of last resort firmly secured without having to leave his old nest. It can be very sad to leave an old nest to settle somewhere else in order to survive.
Read? Retirement Income For Life Planning Model
A fully paid home as fund of last resort.
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As it is , i think the 3-room lease buy back is not so popular, isn't it? 4-room?
ReplyDeleteUnless you are the only survivor then can consider lease buy back. i read it is one of the worst financial transaction to make if not for no other choice. Other choice should be better.