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Best way to raise funds when retired

JohnRoast · 2019-12-17 12:44:55

My dad is retired and has no mortgage. He has skin cancer and 2.5 years ago was told he'd probably live around 5 years. Currently, he is healthy and strong and there's no sign of the cancer spreading, but we know it's only a matter of time. He wants to raise £60K to do some home improvements and travel. He has a state…

Comments

Thrugelmir Posts: 89,546 Forumite

19 December 2019 at 12:19AM

JohnRoast wrote: »

He doesn't want to sell his house for which he has no mortgage on.

Might as well sell up and enjoy life to the full. Doesn't make sense to spend £60k on home improvements with a matter of years to live. Use the released money to rent somewhere nice on a long term lease, i.e. by the sea.

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