{"id":109884,"date":"2025-10-29T07:19:08","date_gmt":"2025-10-29T07:19:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/109884\/"},"modified":"2025-10-29T07:19:08","modified_gmt":"2025-10-29T07:19:08","slug":"eoin-mcgee-answers-were-finding-it-hard-to-live-on-our-state-pension-and-struggling-to-pay-our-health-insurance-should-we-take-out-a-e50000-lifetime-loan-to-cover-our-costs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/109884\/","title":{"rendered":"Eoin McGee answers: \u2018We\u2019re finding it hard to live on our state pension and struggling to pay our health insurance. Should we take out a \u20ac50,000 lifetime loan to cover our costs?\u2019"},"content":{"rendered":"<p><img decoding=\"async\" alt=\"Lifetime loans are a type of equity release aimed at people who are at least 60 years of age. Photo: Michael Gleeson\/Getty\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/10\/8e5efdbc-a1d3-4d07-9e35-0221554e93cc.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">Lifetime loans are a type of equity release aimed at people who are at least 60 years of age. Photo: Michael Gleeson\/Getty<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Question We are a couple in our early 70s. We have one son who is 45 years old. He has a severe intellectual disability.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">We own our house, which is valued at \u20ac470,000 for local property tax. We both have a state pension of \u20ac278 each per week. We have savings of \u20ac26,000.<\/p>\n","protected":false},"excerpt":{"rendered":"Lifetime loans are a type of equity release aimed at people who are at least 60 years of&hellip;\n","protected":false},"author":2,"featured_media":109885,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[72,176,61,60,898,174,175],"class_list":{"0":"post-109884","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-ie","11":"tag-ireland","12":"tag-latest-news-ticker","13":"tag-personal-finance","14":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/109884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=109884"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/109884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/109885"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=109884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=109884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=109884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}