Saga chief suggests utilising property to boost pensions calculator - Money News
A senior source from Saga has encouraged people to use their property to boost their retirement savings if they can.
Dr Ros Altmann, director general of the company, explained that it is important for people not to finish their working lives with major debts.
"Pay off your debts as soon as you can, but don't leave yourself without any money. If you can downsize your property to release some capital that would make sense," she said.
In her view, owing money on a home is not as much of a concern as credit cards or other high-interest loans, but it is still a worry.
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