Older homeowners are anticipating they’ll need an annual retirement income of £35,196, more than double today’s average of £17,212, a report by the Equity Release Council and Key has found. The challenges of rising living costs (30%), prioritising mortgage repayments over pension savings (24%) supporting financial dependents (22%) and earning less money so unable to […]
The post Older homeowners face £17,984 retirement income shortfall appeared first on PropertyWire.