Retirement: don’t forget your biggest asset
This month, we’re taking a closer look at a genuine British obsession. But no, it’s not the weather! I’m actually talking about housing.
Last year, the combined value of UK residential properties was estimated to be £4.7 trillion. That’s more than five times the combined after-tax annual income of everyone in the UK.
Your own home, like those of many others, may well be your largest asset. So it’s only sensible for this issue of Thinking Ahead to consider ways in which this asset could help finance retirement. You’ll find articles on both downsizing and equity release - it’s certain to make for interesting reading – take a look now!John Lawson - Editor