We already appreciate the fact that living comfortably after retirement is far from the norm. The vast majority of pensioners unfortunately struggle to make ends meet and when they have worked for many decades and usually looked forward to a relaxing retirement, it is such a shame that this rarely transpires to be the case.

Often, though, pensioners may not actually realise that there are ways in which they can make their retirement more financially secure. Most retirees have usually paid off their mortgage, by the time they have left work, and may well be sitting on a little gold mine that will allow them to enjoy their years of retirement.

Whether it is equity release or an interest only lifetime mortgage such options really can take the sting out of not having any money to enjoy those extras in life. Perhaps you fancy having that conservatory added on to your home, or maybe you have your eye on a Caribbean cruise: whatever you have always had your heart set on, such plans can free-up some of the equity in your property and allow you to enjoy it in the here and now.

Obviously, there are some important considerations that will need to be taken into account whenever you look to pursue any such plan. The amount of money that you will be able to leave as an inheritance to your loved ones will always be affected, however, it is most likely that they would prefer you to enjoy your retirement now; after all, you worked hard to build up that equity in the first place.