Article preview: It’s an awkward financial position when you have more month than money. Running out of money before the end of the month typically leads to a cycle of debt. Without a robust budget, and the ability to live within your means, this debt can grow beyond manageable levels. But what about the financial consequences of outliving your pension pot in retirement? According to a new survey, this risk is more significant for women than for men, with women facing the prospect of outliving their pension pots by an average of 16 years.
Reducing the risk of running out of money in retirement
This 465-word blog post considers new research from Vitality Invest, which found that men and women face a retirement income shortfall. Written on 29th July 2019.
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