I would not want to be old and still paying for my house. So if ever I get to buy one, Id be considering getting an equity release
mortgage. It is more or less, a “reverse mortgage”. Instead of paying money to build equity, I receive money for releasing that equity.

I still would want to explore this further though since this needs to be taken in with very thorough planning and decision-making. I need to cautious when signing up for this because I need to think carefully before securing other debts against my home. My house maybe repossessed if I cannot keep payments on my mortgage.

This is definitely going to be a financial commitment, not to be taken lightly.

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