Over Fifties eye Buy to Let for Retirement Income

Retired investors look set to give the buy-to-let market a boost with new research revealing that more than one in 10 over 50s want to buy an investment property when they retire.

According to analysis from retirement income and equity release specialist Retirement Advantage, this would create 1.3 million new landlords.

Half of potential landlords said they were drawn to the combination of potential capital growth and regular income while 44% said it would boost their retirement income. A third thought it was a safer bet than stock market investment, while another third believed it would generate better returns than keeping money invested in a pension or putting cash in the bank.

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