Dutch households' strategies for old age and the role of housing wealth

Toussaint, Janneke (author), Elsinga, Marja (author)

Debates surrounding pension and care provision for the elderly echo with the term 'ageing'. Dutch households have reason to save and invest more in order to guarantee their future financial wellbeing. An increasing number of people are investing in owner-occupation, and the question is whether this is a deliberate financial strategy. This paper presents the outcomes of interviews held with a number of households as part of the EU 'Demographic Change and Housing Wealth' project. Selling the property or taking out a reverse mortgage in retirement was not necessarily a general plan, although the non-retired were able to imagine doing so. However, housing wealth might prove inadequate as people do not generally intend to repay their mortgage in full.

• Language: English
• Work type: Not categorized
• Typology: 1.01 - Original Scientific Article
• Organization: FDV - Faculty of Social Sciences
• Year: 2010
• Number of pages: Str. 1028-1043
• Numbering: Letn. 47, št. 5
• PID: 20.500.12556/RUL-23151
• UDC: 316.334.54-053.88(492)
• ISSN on article: 0040-3598
• COBISS.SI-ID: 29741149
• Publication date in RUL: 11.07.2014

Record is a part of a journal

• Title: Teorija in praksa : revija za družbena vprašanja
• Shortened title: Teor. praksa
• Publisher: Visoka šola za politične vede, Visoka šola za politične vede, Visoka šola za sociologijo, politične vede in novinarstvo, Fakulteta za sociologijo, politične vede in novinarstvo, Fakulteta za družbene vede
• ISSN: 0040-3598
• COBISS.SI-ID: 763652

Secondary language

• Language: Slovenian

Abstract

V razpravah o pokojnini in oskrbi starejših ljudi se vedno znova ponavlja izraz "staranje". Nizozemska gospodinjstva imajo dovolj razlogov, da varčujejo in vlagajo zato, da bi si v prihodnosti zagotovili finančno varnost. Vse več ljudi vlaga v lastno stanovanje in vprašanje je, ali je to premišljena finančna strategija. Prispevek predstavlja rezultate razgovorov s številnimi gospodinjstvi, ki so potekali v okviru projekta "Demografske spremembe in stanovanjsko premoženje". Prodaja imetja ali najem obratne hipoteke po upokojitvi nista vsesplošno sprejeti strategiji, čeprav si neupokojenci lahko predstavljajo, da bi ju izkoristili. Vendar pa se stanovanjsko premoženje utegne izkazati za nezadostno, saj ljudje v splošnem ne nameravajo v celoti odplačati hipoteke.