If you are a retired homeowner and are struggling money wise then you may like to consider the option of equity release. It means that you are able to get hold of some of the cash that is tied up in your house to spend now. It could be the answer to your prayers if you are really struggling. It is worth taking a look at the different companies that are offering them as well as the different products available and see which you think would be most suitable for you. As with all financial agreements, make sure that you read the small print and understand exactly what you are letting yourself in for and what your obligations are.