Wealth and retirement: money tied up in homes rather than investments
People in their fifties taking part in the study are likely to
have most of their wealth tied up in their homes rather than in
investments.
Couples are likely to make joint retirement decisions, with men
waiting until their wife is 60 before retiring to make sure they
have enough money (source: Institute for Fiscal Studies).
Back to topLife history: more than a third didn't have an indoor toilet when they were 10.
In 2007 we conducted special interviews with a subset of
participants asking them about their life history. The answers
given in these interviews helped University College London to
create snapshots of participants' lives when they were 10 years
old.
More than half (6 out of 10) participants had lived in a 3-bedroom
house. While 7 out of 10 participants had both hot and cold running
water in their house, more than one third didn't have an indoor
toilet. A tiny number of participants grew up with central heating,
only 4%. Up to 27% of participants grew up with no or very few
books in the house.
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