The Age & Life Foundation has organized the "I Forum on Aging", a cycle of webinars with an informative approach, specifically aimed at the business sector, which is taking place on May 27, and June 3, 9, and 17 in virtual format.
The objective of the Forum is to jointly discuss the solutions, products, and services offered by the business fabric to respond to the challenges, needs, and opportunities of future development that implies the increase in life expectancy and the aging of the population, a reality which will continue to increase in the coming years.
The second day of the forum, on Thursday, June 3, began with a session on the monetization of real estate savings as a way to complete the income of the elderly with a presentation by Professor Pedro Serrano, professor and deputy director of the master's degree in Actuarial and Financial Sciences from the Carlos III University of Madrid, followed by a debate with different representatives of Almagro Capital, Pensium and Caser Seguros, leading companies in the sector.
“It is not something new. This is something that families have traditionally done ”, pointed out Professor Pedro Serrano.
“ We all know cases of people who lived in their home at the capital, and once retirement arrived, they decided to sell or rent that house to move to the village". "That is a clear example of monetization".
But when there is only one property, and you want to continue living in your house, there are also options. "Now there is a set of alternatives, perhaps more unknown, whose main characteristic is that they manage to provide the owner with liquidity and also allow him to continue residing in his home, ”said Pedro Serrano.