Is Property a Good Investment for Retirement?

Posted by Market Financial Solutions on 16th December 2022 -

Property and pensions are the two juggernauts of UK wealth. Most of our money is held in these two assets, with the split itself being fairly even.

Around £7.1 trillion is currently held in pensions. Property wise, defined as value minus mortgage debt, the figure is £6.9 trillion. The two often intermingle, especially when it comes to later-life planning. Retirees can supplement their pension funds with property income – and vice versa.

But, we’ve started to see some notable shifts across the financial landscape. In certain regions of England, such as London and the South East, property wealth is edging ahead of pensions, reflecting rising prices.

What’s more, many people are utilising their properties for financial support through our cost-of-living crisis. This same crisis has also put the relative stability of certain pension assets to the test recently.

All this begs the question, is property a good investment for retirement planning? While this is a complicated issue – which can only truly be answered by qualified financial planning experts – we’ll explore the topic and what’s being seen in the market in this blog.

Continue to read this article from Market Financial Solutions 

 

Source information, guides, and property investment services

Discover more real estate services and property listings

Browse TLS Insights magazine - Your #1 source for real estate trends, data and insight  December Issue