Jo Roberts, director of , has said that 'people still working with family responsibilities, should not plan to use their house as a pension supplement, and should be realistic about the perceived invincibility of the housing market.
There are many people in the UK who are releasing capital in their properties, who are still working with young families. Nobody knows what the housing market will be like by the time that they retire.
The Pensions Commission, last year, said that houses might not provide an alternative source of income in retirement. The National Institute for Economic and Social Research also believe that people are not putting enough away for when they retire. They are requesting that the Government raise saving levels.