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Centre for Policy on Ageing | |
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Property or pensions?
— a discussion paper | | Author(s) | Chris Curry |
| Corporate Author | Pensions Policy Institute - PPI |
| Publisher | Pensions Policy Institute - PPI (Electronic format only), London, 2004 |
| Pages | 27 pp |
| Source | Pensions Policy Institute, King's College, Waterloo Bridge Wing, Franklin Wilkins Building, Waterloo Road, London SE1 9NN. Downloaded document (25/05/04): www.pensionspolicyinstitute.org.uk/uploadeddocumen... |
| Keywords | Pensions ; Owner occupied dwellings ; Income [older people]. |
| Annotation | Given that the state system will deliver relatively lower pensions in future, and that there are no signs that private pension provision is increasing to fill the gap, is property a viable alternative source of retirement income? This report briefly revisits reasons for concern about the amount that people are currently saving for their retirement. It compares the relative amounts saved in property and pensions in total, and investigates how many people plan to use property as a source of retirement income. The different ways that property can be used to fund retirement are highlighted, along with the contribution these could make to retirement income. Finally, the report quantifies how many people are likely to be able to use property in each of these ways, and how much of a contribution property could make to future pensioners' retirement incomes. It concludes that for most people, property will be at most a complement to private pension saving rather than a substitute. (RH). |
| Accession Number | CPA-040615205 E |
| Classmark | JJ: KEA: JF |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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