Article preview: Property is often cited as preferred to pensions when it comes to planning for retirement. As a tangible asset, property allows prospective retirees to invest in something they can touch and feel; a world away from what is often considered to be the intangible nature of a pension. This tangibility is not to say that property is a better vehicle for retirement to pensions. There are plenty of disadvantages associated with an investment in bricks and mortar. The perceived benefits of the property and its popularity when it comes to retirement planning is having an exciting impact on attitudes towards the asset class in later life.
Expecting to rely on property in retirement
This 819-word blog post looks at a new report from the Equity Release Council which found that more than half of homeowners aged 45 and over believe money invested in property forms part of their financial plans in retirement. Written on 17th June 2019.
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