A 62-year-old woman who has nearly paid off her £1.2 million home says she still cannot afford to retire, highlighting how property wealth does not necessarily provide enough income for later life. The article, written by financial commentator Vanessa Stoykov, draws attention to the gap between owning valuable assets and having sufficient pension savings or accessible cash.

Her situation suggests that a high-value home can leave retirees asset-rich but income-poor, particularly if their superannuation or pension balance is low. It underscores the need to consider retirement income, living costs and savings alongside home ownership when planning for financial security.