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Equity release

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  • MarkyMarkD
    MarkyMarkD Posts: 9,912 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I'm glad that you are happy with the concept of equity release and are going into it with your eyes open.

    Often, though, the moaning about mis-selling of equity release has not been from the actual customers who made the purchase decision, but their offspring who felt they had been robbed of their inheritance by the impact of the scheme.

    My father-in-law is getting married next August - and he's 70 next weekend! My grandmother also remarried in her 70s after my grandfather died - I'm sure that older people can be very happy in their later-in-life marriages and I'm pleased that this is your situation too.
  • margaretclare
    margaretclare Posts: 10,789 Forumite
    Often, though, the moaning about mis-selling of equity release has not been from the actual customers who made the purchase decision, but their offspring who felt they had been robbed of their inheritance by the impact of the scheme.
    We were urged to tell our family members what we were doing, and we did, just in an informative not an apologetic way. We were extremely gratified by their reaction! None of the 3 of them wants, needs or expects anything in the way of 'inheritance'. The 4th one died just coming up to 2 years ago.

    To be quite honest, I hear of younger people who 'expect' this kind of an inheritance as if it was their God-given right, and I am disgusted by it. Don't get me going on that, or we'll be here all day!!!
    My father-in-law is getting married next August - and he's 70 next weekend!  My grandmother also remarried in her 70s after my grandfather died - I'm sure that older people can be very happy in their later-in-life marriages and I'm pleased that this is your situation too.

    Good for your father-in-law, and good luck to him. What surprised me was that it was possible to fall madly in love at the age of 62. I knew of older people getting together and getting married, I'd assumed (with the arrogance of youth) that it was for companionship, to share expenses, to help each other and to avoid loneliness - but to be just as madly in love as any daft teenager, that really did surprise me. And we had to cope with people (who should have known better) saying things like 'oh, I'd have thought you'd have stayed a widow, why have another man in your home and in your bed, I wouldn't do that...' and when we were getting married 'oh well, it doesn't matter what sort of wedding you have/what you wear etc, at your age it doesn't matter'...but to us it did matter - we had a proper church wedding, dress, flowers, a nice lunch for 18 of us and even a honeymoon, which neither of us had had before with 3 previous weddings between us! It had to be very special, and it was. And we're still as much in love!

    Best wishes
    [FONT=Times New Roman, serif]Æ[/FONT]r ic wisdom funde, [FONT=Times New Roman, serif]æ[/FONT]r wear[FONT=Times New Roman, serif]ð[/FONT] ic eald.
    Before I found wisdom, I became old.
  • ...............................I have put my clock back....... Kcolc ym
  • deemy2004
    deemy2004 Posts: 6,201 Forumite

    Thanks, MLC.  

    Margaret

    How do you think Rob got to 3700 posts when most people would be barely scraping 500 by the same time period ;)
  • frepol
    frepol Posts: 202 Forumite
    How do you think Rob got to 3700 posts when most people would be barely scraping 500 by the same time period

    Don't know - but I take a look at this site everyday and have only posted 39 since July! In other words, only post when you have something constructive to say!!

    Taking that there are 90 days since his registration, that means approx 40 posts per day. Are there 40 things to make a useful contribution to each day? Nothing better to do?
  • Taking that there are 90 days since his registration, that means approx 40 posts per day.  Are there 40 things to make a useful contribution to each day?
    I think you've summed him up pretty well really.

    ;)
    Mortgage Feb 2001 - £129,000
    Mortgage July 2007 - £0
    Original Mortgage Termination Date - Nov 2018
    Mortgage Interest saved - £63790.60
    ISA Profit since Jan 1st 2015 - 98.2% (updated 1 Dec 2020)
  • I think he spends a lot of his time in the MSE Arms forum which is the last forum at the bottom of the forum page.
    He seems to be very interested in the Daily Brain Teaser there among other areas of interest.  There is  a lot more to this site than stoozing interesting though that is to some. I think Martin's Love Child can be found in that forum too although not in the brain teaser section.
    ...............................I have put my clock back....... Kcolc ym
  • I think he spends a lot of his time in the MSE Arms forum which is the last forum at the bottom of the forum page.
    Thanks RS/PR/HPD ;)
    Mortgage Feb 2001 - £129,000
    Mortgage July 2007 - £0
    Original Mortgage Termination Date - Nov 2018
    Mortgage Interest saved - £63790.60
    ISA Profit since Jan 1st 2015 - 98.2% (updated 1 Dec 2020)
  • The subject of numbers of posts is best discussed in the MSE Arms forum.
    Posts are like coins. It is not how many you have that matters. It is the value,if any, of the posts themselves.
    ...............................I have put my clock back....... Kcolc ym
  • How do you think Rob got to 3700 posts when most people would be barely scraping 500 by the same time period ;)

    In fact the vast majority of members (80%) do not post at all. A poster with an unusual name (16011996) posted 200 times in one day during november 2004 and about 1000 times in one week. ;)
    ...............................I have put my clock back....... Kcolc ym
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