28% use property as pension: risky business

Sarah Coles

Rui Vieira/PA Wire/Press Association Images

It's basic human behaviour. We like property: it has kept us warm over the decades, and aside from a few stutters, we have seen its value rise over time. Meanwhile, we don't like pensions: we are told they are overpriced, complicated rip-offs, which will disappoint.

It's hardly surprising, therefore, that when asked which we would prefer to rely on in retirement, 28% of us say our property. However, this is a risky business.