Fixed retirement income & inflation
Pensioners on a fixed income could lose 60% of their spending power during a 20 year retirement, according to new research from Prudential.
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Pensioners on a fixed income could lose 60% of their spending power during a 20 year retirement, according to new research from Prudential.
When we talk to clients about their goals in later life, the ability to leave an inheritance to their children or grandchildren often features on their ‘retirement wish list’.
More than a third of people planning to retire in 2011 have decided to put their dream on hold due to financial limitations.
New research from Prudential has found that nearly three million UK adults have delayed their plans to retire due to recession, personal financial emergency or simply because they want to keep working for longer to build a larger pension fund.
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