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Average age of windfall inheritance is 47, research reveals

Average age of windfall inheritance is 47, research reveals

New research from equity release adviser Key, finds more than 11.6 million people in the UK have received an inheritance in the past 10 years with the average age at which people receive this windfall sitting at 47 years old.  Its study found more than one in five (22 per cent) adults have received money as an inheritance rising to nearly one in three (29 per cent) among those aged between 65 and 74.  

In My Opinion

Are Covid economics here to stay?

Are Covid economics here to stay?

For a fleeting moment normality seems to have returned to our everyday lives, even if it will be some time until we can really consider the Covid-19 pandemic to be over. Nicky Maan, CEO of Spectrum Markets explores the medium and long-term trends against the background of the potentially fragile recovery.