One in three 40- to 50-year-olds believes they will not
be able to pay their rent or mortgage once they retire, according to research
by Raglan Housing. According to the survey, the ‘middle-agers’ believe their
pensions, savings and investments will not be enough to keep them in their
current homes. More than a quarter think they will need to move to cheaper
accommodation, while 47 per cent don’t know what they will do. The survey, carried out across the UK, showed
44 per cent believe there is a lack of suitable affordable retirement housing. One in four people in Britain is now aged
over-55 and this figure is predicted to rise to one in three by 2030. Read more
on Inside Housing.
