In July, the Economic and Social Research Institute, on behalf of the Pension Council, published a study examining the impact of lower homeownership levels on pension adequacy at retirement.

Today, 90% of retirees own their own homes. According to ESRI’s projections, current trends show that only 50% of those currently aged 25 to her 34 will own their own home when she retires. That means her 50% of these people rent from state or private landlords.

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