Britons risk entire retirement savings pot as millions withdraw cash from pensions



BRITONS withdrawing cash under new pension freedoms risk blowing their entire retirement savings pot in just eight years and ending up in poverty. With millions likely to spend at least 15 or 20 years in retirement, many could spend their final years scraping by on the state pension unless they have other forms of savings.

Source: Daily Express :: Finance Feed https://ift.tt/2JjnYlF

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