How do you pay your mortgage or rent when you retire?

March 1, 2009 by admin  
Filed under Questions and Answers

mortgage
kimberbenton asked:


I am 28 in the UK. I haven’t got a mortgage. When I am retired and living probably in private rented accommodation, who pays the rent? Or what about if you haven’t finished paying off your mortgage but have to retire? I’m planning for my future!
I am probably never going to have a mortgage. So how do I cope with the rent?

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