What is it about?
Our study examines if retirees living in New Zealand are able to maintain a level of wealth similar to their status prior to retiring after taking into accounting housing assets and living arrangements. We find that house owners have higher financial adequacy in retirement.
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Why is it important?
The study is important because many New Zealanders invest in housing as a form of wealth. However, there is a growing gap in the number of housing owners. We examine the impact of housing ownership and living arrangements on wealth in retirement.
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This page is a summary of: Housing liquidation and financial adequacy of retirees in New Zealand, Housing Studies, April 2019, Taylor & Francis, DOI: 10.1080/02673037.2019.1585522.
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