@henryfudgeofficial: How much pension do you need to retire in the UK if you rent? I ran the numbers on a conservative portfolio with real mortality tables. A renter needs over £1.1 million for a 95 percent chance their money outlives them. A homeowner needs about half that. The median UK pension pot is £154,000, which pays a renting retirement for about five years. After that, the bill moves to the taxpayer. Britain built its retirement system on a third pension nobody wrote down, the paid off house. It is being quietly removed. #pension #macroeconomics #ukeconomy #economics #rentierblackhole

Henry Fudge
Henry Fudge
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Friday 14 August 2026 13:41:08 GMT
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tony.pinnegar
Tony Pinnegar :
great explanation as always Henry
2026-08-30 10:48:15
0
thirstygaylord
Thirsty Gay Lord :
pensioners took all the post-war housing and then refused to build anymore since the 80's to replace them.
2026-08-14 21:27:17
363
mikelehane1
Mike Lehane877 :
Have the pensioners tried not buying take away coffees and not having avacado on toast?
2026-08-14 22:27:22
275
owlsparliament
Robert :
This isn't a generational problem, it's a landlord problem
2026-08-14 17:10:39
168
n.j.brownedge.writes
N J Brownedge | Author 🇬🇧 :
Maybe they shouldn’t retire if they can’t afford it 🤷🏼‍♀️- just like I can’t get a new car, buy a house or have kids ✌🏼
2026-08-14 16:19:07
176
truuuupr
truuuupr :
rentier black hole mentioned
2026-08-14 17:30:47
445
chrisklein00
Chris Klein685 :
millions of people will enter retirement in severe poverty
2026-08-14 19:10:46
204
benmarrongreen
Ben Marron💚 :
Housing shouldn’t be allowed to be bought as an investment. If you own it and don’t live in it like 40% of the year sell up
2026-08-14 17:36:34
87
aident0605
Aiden Thomas :
Shouldn’t just stop having Starbucks or cancel their Netflix? Isn’t that what they told young people to do?
2026-08-14 15:05:05
49
chanxxxiety
binge is cringe (⁎⁍̴̆Ɛ⁍̴̆⁎) :
1/4 of them are millionaires mind you
2026-08-15 06:33:59
80
leepaceseyebrows
LeePacesEyebrows :
Can't inherit a house if it's sold to pay for care too.
2026-08-16 14:23:26
41
danthedroneman_yt
DanTheDroneMan :
I private rented from 17 until 33. Aged 30 I woke up and though, hold on, how am I supposed to afford rent when I'm 67? I'd be renting a bedroom from a 30 year old, as a 67 year old man, and that would be 90% of my pension income. So with that fear, it took me three years to save for and purchase a property.
2026-08-14 15:25:42
212
williamavery92
William Avery :
The government putting money in private landlords pockets by paying people's rent doesn't appeal to me, quite apart from the macronomic black hole problem.
2026-08-16 18:55:20
6
rab7540
rab754 :
Pensioners are being clever. They are selling their paid for house, moving to rented, blowing the cash on holidays because the government wants to take it off them in inheritance tax or care costs.
2026-08-14 13:57:29
67
henryfudgeofficial
Henry Fudge :
In the words of the philosopher Castillo “it’s not looking good brev”. We need a colossal boost in social housing immediately because it’s the cheaper option than having someone’s grandma living at a bus stop. Make sure to poke Andy, he can show the video to the tories, who are basically dog walked by whatever the pensioners want, and they’ll have to wind their neck in and let the country build sufficient social housing 🫡
2026-08-14 13:45:28
33
microadventura
Microadventura :
There will also be lots of renters who's parents did own a house but had to spend all its value on care costs so won't be able to pass it on as an inheritance.
2026-08-15 06:15:15
167
kbf188
Fbk1975 :
Hell yeah, if it happens to the young they give zero fucks. Second it happens to a boomer/gen x it becomes a national priority.
2026-08-14 17:44:52
10
matmbl
Rick & Morty but mostly Rick :
400,000 homes on the balance sheet that the next Thatcher sells off.. and the cycle starts again
2026-08-14 13:56:35
45
markdigger2
MarkD :
They will continue the path that was already walked: they will increase pensions, kick the can down the road and create an unsustainable pensions crisis in a few years around the triple lock. Fixing social housing has too many moving parts to try and tackle.
2026-08-14 14:34:34
18
belleandtheboombox
Belle & the Boom Box :
Young people get older a whole lot quicker than people bargain for 😂
2026-08-14 15:11:02
20
jaffarlejamjar
JaffarleJamJar :
talk about the negative consequences of Thatcherism without talking about Thatcherism 🤣
2026-08-14 18:13:45
53
mynameisdamien
The Hon. DJ Williams AO PSM :
And thus Britons will return to living in a society more like Jane Austen’s.
2026-08-14 14:16:40
57
zhara_kk
zarmin :
well they vote against us having anything
2026-08-14 18:28:02
33
tyriael_soban
Tyriael_Soban :
Social housing also eventually pays for itself, because you're renting at a normalized rate based on a fixed income... so your rent isn't going to leave you unable to pay for food, power etc That's how Saskatchewan in Canada does it and the province also pays basic utilities for those in low income social housing, so your gas, power and water rates, which are also all crown corporations, and have no profit expectations are charging far more resonable rates, it's just a shame that Saskatchewan also seems to have very little opportunity in the job market compared to Alberta, but Alberta is also a libertarian hellscape where nearly everything is privately owned and our premier is hell bent on selling off what isn't 😐
2026-08-14 16:06:41
46
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