Summary
Having looked at the need to review existing or intended plans for retirement last week, it is important that you consider carefully how best to use your accumulated pension fund(s) once you reach retirement. We are living longer. A retired life could be as long as a working life.
At 55, one is unlikely to be thinking ahead to what might be at 85, yet at 65, even though nearly eight years' life expectancy has been lost, there could be another 22.7 years to fund income in retirement. At 75, there could still be another 15.5 years of income to find (source: Citywire Deathometer).See the full content of this document
Extract
Dilemma Over How to Fund Long Retirement
Now that is pretty scary if you only have a fixed income to depend on. We all know the effects of inflation, and that regardless of Government inflation...
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