Investing in property as an alternative for pensioners
Journal Title: Debiuty Naukowe Studentów Wyższej Szkoły Bankowej - Year 2016, Vol 16, Issue
Abstract
Among the main reasons for the low level of pensions currently paid out and projected pensions of current employees are the frequent reforms of the Polish pension system and the resulting changes in the retirement age, combined with the lack of economic education and knowledge about possible ways of ensuring steady income in retirement. Despite many changes in public finance, the expected rate of replacement of current wages with future pensions is low. This article analyses the profitability of various forms of investing in property as a possible source of income for retirement. The aim of the study described in the article is to compare four alternative property-related investment options for retirement: sale of property, renting property, reverse mortgage and equity release. The analysis is conducted for a model household consisting of two parents and a school-age child and is based on data published by the Central Statistical Office and information collected from online property websites – www.dom.gratka.pl, www.hiponet.pl – between December 2015 and September 2016.
Authors and Affiliations
Aleksandra Nowik, Michał Staniszewski, Katarzyna Utowko
Keywords
Related Articles
- EP ID EP216857
- DOI -
- Views 80
- Downloads 0
Potential socio-economic effects of introducing a poll tax in Poland
The need to carry out a thorough reform of income taxes in Poland has been recognized for several years and proposals of reforming the tax system have become a significant feature of political party manifestos. Supporter...
Twierdzenie Coase’a w ujęciu ekonomicznej analizy prawa
Artykuł dotyczy twierdzenia Coase’a, które objęto rozważaniami z punktu widzenia ekonomicznej analizy prawa. Przedstawione zostały różne formuły twierdzenia, ze szczególnym rozwinięciem pojęcia kosztów transakcyjnych. Na...
Intellectual capital accounting
The subject of this study is to investigate the possibility of recognition of intellectual capital in financial reports. This concept is an attempt to classify and measure the intangible assets which value, according to...
Inwestycja w nieruchomość jako forma zabezpieczenia emerytalnego
Częste zmiany polskiego systemu emerytalnego i będące ich konsekwencją zmiany wieku emerytalnego, a także brak edukacji ekonomicznej oraz wiedzy dotyczącej możliwości zabezpieczenia dochodu w wieku poprodukcyjnym to najc...
A commentary on the Supreme Court’s Judgment of October 19, 2016 (Ref. No. III CZP 5/16)
The problem of the transfer of warranty for physical defects to a third person has been analysed for many years by very respectable lawyers and judges. It seemed that the Supreme Court had solved the problem by its verdi...