<p>The report by Lincoln Financial Group, and quoted by This is Money, suggests that many people are not paying enough into pension schemes, preferring instead to invest in paying off their mortgages in the hope of benefiting from a windfall when they sell up upon retirement.<br /><br />Ian Noble, head of strategic partnerships at Lincoln Financial Group, is quoted by This is Money as saying: We all know the phrase 'safe as houses', but it appears that many of us are perhaps taking it a bit too literally by relying on our homes to fund our retirement after our pensions. <br /><br />Of course it can be difficult building up other savings while paying off your mortgage and also investing in a pension. But it is potentially risky to believe that your home will provide for your retirement if your pension is not sufficient, continued Mr Noble.</p>
