Over the last few weeks I have discussed two similar but very different retirement income products in New Zealand.

Last week we discussed reverse mortgages, which have been around for many years. And two weeks ago, we discussed a new retirement income product to the NZ market, Lifetime home.

Today, we won’t go into too much detail about what each of these products are and the pros and risks involved. We did that in the previous articles if you want to check those out.

In this article, we are comparing the two and thinking about which instances one product may be preferred over the other […..]