Renting in retirement halves chances of reaching minimum living standard

Having to pay housing costs in retirement reduces chances of minimum RLS to 43%

Martin Richmond
clock • 3 min read
Renting in retirement halves chances of reaching minimum living standard

Retirees who pay rent in retirement are considerably less likely to reach the Pensions and Lifetime Savings Association’s (PLSA) minimum retirement living standard (RLS), analysis by Hymans Robertson shows.

Research conducted by the consultancy's using its guided outcomes modelling technology calculated the chances of members to reach the different levels of retirement income under the PLSA's revised ...

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