Home is where the wealth is This article was originally commissioned for the March 2019 edition of the Investment Life & Pensions Moneyfacts Magazine. Tom Murray argues that a vibrant equity release market will be vital in helping the elderly to access the level of care they need. One of the biggest issues faced by the UK is the difficulty people have in maintaining their lifestyles in retirement when the majority of their wealth is tied up in bricks and mortar. How to provide decent pensions and social care for the elderly, when many of them are asset rich and cash poor is a fundamental problem facing our society, along with most societies in the western world. For the provision of care to the elderly is spectacularly expensive; average home care costs are £30,000 p.a., £40,000 if nursing care is required.