Financing retirement needs by extracting housing equity
Panellists agree this works better for Asians than annuities as city populations age
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Singapore
LONGEVITY poses risks to cities. Panellists at a Wednesday discussion focused on life-cycle financing for ageing populations agreed that monetising housing may be the best way to finance retirement needs in Asia.
They also believe that governments should step in to take on the tail risks, such as when seniors outlive the leases of their homes.
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