Your housing situation can have a major impact on your pension

There are several good reasons to take your housing situation into account when organizing your pension scheme. This is the case while you are working and when you have retired.

Have you and your partner bought an owner-occupied home in which you have joint debt? If so, it is a good idea that you protect yourself and each other financially via the insurance through your pension scheme. Are you considering selling your home in order to get more money for your retirement? If so, there are a number of things to consider beforehand.

Your home can become an important element of your pension finances. But unless you take out a home equity loan, you must sell your home before you can include its value in your monthly budget.

If you are planning to sell your home, there are several things to consider: What is your home worth? What costs will you have in your new home? Will you have available money that you can use while or before you use your pension savings? Or do you want to wait to sell your house and use your pension savings first?

Interest, installment payments, electricity, water, heating. Most homeowners depend on their salary to pay housing expenses. Can you and your family still afford to stay in your home if something serious happens to you?

If not, you could consider increasing your insurance cover if you become too ill to work or die. This gives you and your immediate family a stronger financial safety net.

If you want to rent a home, you can benefit from being a customer of AP Pension. You and your immediate family are at the front of the queue to rent the homes owned by AP Pension. Among the homes are apartments for families, single people, and students.

The homes are distributed throughout the country, and more and more attractive options are constantly being added to the list.