A mortgage-free retirement may become a thing of the past

A mortgage-free retirement may become a thing of the past

Aviva reports “An Office for National Statistics study into adulthood shows that the average age of first-time property buyers in the UK has increased significantly in the past 20 years.

Commenting on the ONS study of journeys into adulthood,1 Alistair McQueen, Head of Savings & Retirement at Aviva said: “Today’s report counters the perception that “kids are growing up too fast these days.”  “The typical ages at which we reach significant milestones in our life have all risen over the past 20 years.  “It is the typical age of a first-time buyer of property that has seen the biggest increase over the past 20 years - rising eight years from 26 to 34.”  Read all  

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