In Brief: There's been a 22% rise in people using property to support their retirement #FridayReads
Friday, 22 July 2022
Failure to save enough for old age is forcing more people to use their property to provide income. Research shows so-called ‘Hippies’, or the ‘Home is my Pension’ generation, is increasing at a significant rate. 22% of people are planning ahead for their retirement and expect to use the value of their home[1]. The findings indicate that a third of all people who aren’t currently retired (35%) own a property but have less than £10,000 saved in their pension pot.
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