Key to a better retirement
May 26, 2021
3 minutes
Pam Walkley
Most retired renters in Australia live in poverty, whereas very few retired homeowners suffer the same fate, according to a key finding of the federal government’s Retirement Income Review. Could there be a better argument for owning a fully paid off family home in retirement?
The review found that housing is an important component of voluntary savings for most people and a major determinant of their retirement outcomes. “As homeowners generally have lower housing costs in
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