Summary
Most people will not be able to rely solely on the equity they have in their home to sustain them throughout their retirement, according to an investigation by independent research organisation the Pensions Policy Institute (PPI).
It report, Property or Pensions? , which investigates recent trends in property and pension wealth, concludes that despite the recent surge in property prices the majority of people will not have enough housing equity to allow them to retire without saving in other assets.See the full content of this document
Extract
Personal Finance: Don't Just Rely On Equity for Income
It points out that although more wealth is held in housing than in pri...
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