03 December 2008
According to a report from uSwitch.com, almost 1.7 million
pensioners are relying on property to fund their old age. The
report suggests that reliance on property is also high amongst the
next generation of retirees with more than a quarter of 55-64 year
olds following suit, meaning that today's property slump is going
to hit the next generation of retirees hard as well.