Property vs pension
You’ve probably heard people say “my property is my pension”. But focusing on one at the expense of the other could be a costly mistake.
We compare pensions to property, and the key factors to consider when investing for retirement, including:
- Could property be better than a pension?
- Taxes relating to property and risks you may have overlooked
- Extra costs and practicalities you might not have considered
We wrote this factsheet to give you useful information, but it's not personal advice. If you’re not sure about what’s right for you, take advice. Remember that investments and any income they produce can go down as well as up in value, so you could get back less than you put in. Property can be very illiquid so it can be hard to access your investments and you can’t normally access money in a pension until age 55 (rising to 57 from 2028). Pension and tax rules can change, and any benefits depend on your circumstances.