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Fairer Finance
5
source-backed facts
1 publication
Finance
finance · City PM
Around 75% of women who reach retirement owning a home have on average as much housing wealth as single male households
“(around 75 per cent)”
about 75 %
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finance · City PM
65% of single female homeowner households aged 55 to 79 have a retirement income below the Pensions UK moderate threshold
“65 per cent”
65 %
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finance · City PM
Nearly two-thirds of single female homeowner households aged 55 to 79 are sitting on an average of over £200,000 of housing wealth
“nearly two-thirds of single female homeowner households … they are sitting on an average of over £200,000 of housing wealth”
about 66 %
more than 200000 £
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finance · City PM
Only 14% of homeowners aged 55 to 79 would consider borrowing against their housing wealth to top up their retirement income
“14 per cent”
14 %
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finance · City PM
Over 50% of homeowners now think it is more acceptable to have a mortgage in retirement, and 38% think they will take out a mortgage in later life
“over 50 per cent … and 38 per cent”
more than 50 %
38 %
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