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Thinking about Equity Release to help with retirement? To find out how it works, what it costs and to ask about the pros and cons, call 03700 100 444 between 1pm and 3.30pm on Wednesday or e-mail moneybox@bbc.co.uk

Debt charity StepChange say that a growing number of older people are struggling financially. The number of people aged 60 or over contacting StepChange to ask for help has risen by 36% since 2009.

Rising living costs and extremely low savings rates may be putting pressure on your monthly budget. Releasing money from the value of your home could help but is Equity Release really suitable?

Are there other ways to raise money and would you be better off moving to a smaller property?

Will Equity Release affect your existing benefits or tax position?

How much will you have to pay in legal and administrative fees?

What interest rate is applied?

Or perhaps you've been attracted by a cashback advert?

Who can give advice and what qualifications should they have?

Whatever your question, call 03700 100 444 between 1pm and 3.30pm on Wednesday or email moneybox@bbc.co.uk.

To answer your questions presenter Vincent Duggleby will be joined by:

Nigel Waterson, Chairman, Equity Release Council

Vanessa Owen, Head of Equity Release, LV

Tom Moloney, Financial Advice Manager, StepChange Debt Charity

Phone lines are open between 1pm and 3.30pm. Standard geographic charges apply. Calls from mobiles may be higher.

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