Using property to fund retirement 'last resort' for majority

Little appetite for using property as pension

clock • 2 min read

The vast majority of homeowners do not want to use their property wealth to fund retirement, according to Aegon research.

Research from the provider found 74% of homeowners would only use their home as a "last resort" to provide a retirement income or do not consider their home as a source of retirement income at all. Aegon spoke with 560 adults in June for the study. It added more than half (53%) want to leave their home to their loved ones.  The research also found just 3% of those surveyed would sell their property and move in with family as a means of funding retirement. While 21% of homeowners are hoping they can fall back on inheritance to assist them with their retirement. Aegon UK pensions dir...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Income

Market turbulance, de-risking for retirement and the crucial role of annuities

Market turbulance, de-risking for retirement and the crucial role of annuities

Annuities are now back to pre-2008 credit crunch levels

William Burrows
clock 17 April 2026 • 5 min read
Why annuities are back on advisers' agendas

Why annuities are back on advisers' agendas

'Another factor bringing annuities back into focus is the evolving tax landscape'

Ahmed Bawa
clock 24 March 2026 • 4 min read
Just guaranteed income for life sales soar amid adviser demand

Just guaranteed income for life sales soar amid adviser demand

Reports IFRS loss before tax of £118m for 2025

Jen Frost
clock 27 February 2026 • 2 min read