One in three 20 to 45-year-olds expect to be working
beyond their retirement age to pay off their mortgage, a report has found. The
survey from Halifax among people who are already on the property ladder and
those who are not yet home owners found 34% of people aged 20 to 45 expect to
still be working to pay off their home loan after they reach the standard
retirement age. Among people in this age group who are already home owners, 28%
expect to work beyond retirement to become mortgage-free. But among those who
are not yet on the property ladder, the figure is higher, with 39% believing
they will be working later in life to pay for their property. Read more on the
Daily Mail website.
No comments:
Post a Comment