Give Your Own Cover Story a Happy Ending ; Home Insurance Can Become a Worry in Retirement but Maturity Brings New Ways to Keep Those Costs Under Control
Mail on Sunday › November 07, 2005
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Summary
Living mortgage-free should be one of the big benefits of reaching retirement age and despite scare stories about never- ending loans, most people clear their mortgages by the time they give up work.
Unfortunately, owning a home outright doesn't mean you get to live for free and a new survey from Prudential says that a third of retired people end up in financial difficulty because home improvements and general maintenance eat up the lion's share of their pension income.See the full content of this document
Extract
Give Your Own Cover Story a Happy Ending ; Home Insurance Can Become a Worry in Retirement but Maturity Brings New Ways to Keep Those Costs Under Control
Keeping a home properly insured can seem equally expensive, though experts say there are ways to keep these costs under control. Here are the two most important.
Regardless of age, more than half of all homeowners still buy their buildings and contents cover from their...See the full content of this document
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