My ex-wife, diagnosed with spondylitis and experiencing pain, is a dedicated teaching assistant at 58. However, she's uncertain about managing this physically demanding job beyond the age of 60.

Post-divorce, she became wealthier in terms of equity, owning a mortgage-free property valued at 250k. Mortgage Free currently.

Considering her need for financial support from 60 to 67, is releasing 70,000 feasible to provide an annual income of 10,000?

Exploring options:

1. Downsizing to purchase a flat for Buy-to-Let (BTL) purposes. as noted lots of hassle.

2. Downsizing to release the 70K

3. Exploring the possibility of renting out a spare room.

4. Evaluating the option of a Life time mortgage with long term release to top up less hours of another job less physical.