Written on 28 October 2013 by Alistair Boscawen in Property News
One third of us are choosing to invest in property instead of a pension to fund our retirement, according to the latest poll. But what's the best option? The experts take a look.
An exclusive poll has found that one in three of us is relying on good old bricks and mortar for our retirement fund. Soaring house prices and buy-to-let success stories are persuading more and more of us to snap up another property and live off the proceeds later in life. The research, by Consumer Intelligence for The Observer, looked at a sample of 1500 people. A third of these said they'd receive income from one or more buy-to-let properties, while more than half said they'd sell their own homes in order to use the cash to pay for their retirement. The newspaper asked the experts what they thought about the trend towards shunning traditional pensions for investing in property. For more on this, click on the source below:
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