Who’s going to tell them that the answer is immigration?

[King Billy]

You're much better off if you don't bother with a pension and just get the most expensive house you can possibly afford. Then you can sell it and cash in the profit, completely tax-free, if you need to, and get the additional full state pension.

And if you can't afford to buy a house?

Quite doable if......

 

[Ivor Windybottom]

And if you can't afford to buy a house?

I'm pointing out that the system stinks. Those who save lose later. Whereas the value of your house gets overlooked. So the best bet is not to have money and have assets instead. A house is the only asset that you won't pay tax on.

But you won't get a mortgage as you're probably on the dole or long-term sick with some fictitious mental condition.