Most retirees have financial problems. However, retirement does not necessarily mean reconciliation with an unfavorable financial situation. Therefore, if you are over 65, have an own home, and want to upgrade your home budget while retiring, learn more about your annuity. How to get it? And what specific criteria do you have to meet?

 

What is that?

What is that?

First of all, the provision of a lifetime annuity is based on the Civil Code. Contrary to appearances, this is not a new phenomenon, because it has been possible to obtain this type of pension in the world for a long time. Thanks to the money obtained, pensioners can receive additional cash allowing them to live more calmly and fully. Similarly to the traditional pension, they receive it once a month and can spend it for any purpose.

 

How to get it?

 

 How to get it?

In order to obtain further details related to obtaining a lifetime pension, you should turn to a mortgage fund, such as http://www.familiasa.pl/.

 

Conditions for obtaining a pension

Conditions for obtaining a pension

However, in order to be able to take advantage of a lifetime pension, it is necessary to meet several important criteria. In addition, the value of the property and gender are also important. The group of people who received this extra cash injection is made up of conscious pensioners who do not feel fear of changing their lives. When we fulfill the following conditions, we should contact the financial institution that pays them.

To get a lifetime annuity you must:

  • be over 65 – there is no obstacle to start receiving it much later, statistically it is assumed that the most applications affect people around 78, but the sooner we make the decision, the better;
  • own a property – a flat or a house;
  • want to raise the level of your life in retirement for life;
  • it is best to come from a large provincial city – most of the clients are from Warsaw, Cracow, Tri-City or Wroclaw.

Why is it worth to use a lifetime pension?

 Why is it worth to use a lifetime pension?

The obvious issue is that with additional funds, pensioners can take better care of themselves and their health or simply get money for a short holiday trip. Improvement of health and dreams are possible due to the fact that the annuity is for an indefinite period. It is worth noting that this source of income is not taxable, so you do not have to incur additional costs. Applying for a pension from a financial institution means that you do not have to worry about risks.