u/Aussiereece

Mum is looking to retire (70). Nothing saved but owns approx 1 mil house and refuses to downsize or move out. She would prefer to sell a portion of the house to the bank or something and live off that money while working 1 or 2 days a week.

Has anyone got any experience if the correct pathway to take for this, like a loan at the bank or selling a portion of the house. Not sure where to start to help her out and start showing her numbers.

Thanks a lot!