Can property wealth rescue your retirement?


This 814 word blog post examines whether property wealth is sufficient to rescue poor levels of pension saving, questioning whether equity release or downsizing to a smaller property in retirement are truly saviours when not enough has been saved in a pension pot. Written on 14th August 2018.



Something we often hear as financial planners is, my property is my pension. This defence against low pension savings levels, or objection to making sufficient retirement provision within a pension pot, could be justified for some. But for others, there is a big gap between what they believe their property can provide in later life and the reality of its true value in their retirement. Property is an important consideration in retirement, because more than three-quarters of pensioners own their own home. This combined with a pension shortfall is making equity release a popular choice for a growing number of retirees.