Abstract
This paper analyzes for the Netherlands the need to introduce flexible take-ups
of home equity and pension wealth, complementary to recent reforms in Dutch
pensions and mortgages. The young may gain from supplementing a possible
pension shortfall with additional retirement income from reverse mortgage contracts. The elderly may benefit of the innovation of partial lump sum of accrued
pension rights in order to partly redeem mortgage debt, whilst maintaining an
adequate net replacement rate from pensions.
of home equity and pension wealth, complementary to recent reforms in Dutch
pensions and mortgages. The young may gain from supplementing a possible
pension shortfall with additional retirement income from reverse mortgage contracts. The elderly may benefit of the innovation of partial lump sum of accrued
pension rights in order to partly redeem mortgage debt, whilst maintaining an
adequate net replacement rate from pensions.
Original language | English |
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Place of Publication | Tilburg |
Publisher | NETSPAR |
Number of pages | 36 |
Publication status | Published - 15 Jan 2016 |
Publication series
Name | Netspar Discussion Paper |
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Volume | 01/2016-005 |