Emeritus Prof Christopher May on Nostr: Some of us are storing up problems for the future... for those lucky enough to have a ...
Some of us are storing up problems for the future... for those lucky enough to have a private #pension, the temptation to withdraw money to cover current expenditures (driven by #inflation & the #Costoflivingcrisis) is growing.
The withdrawals are rising year on year at around 17%... while this is a problem that many might wish they had, for those raiding their pension pots, given we generally under-contribute to pensions (if we have them), this looks to be a potential problem down the road
The withdrawals are rising year on year at around 17%... while this is a problem that many might wish they had, for those raiding their pension pots, given we generally under-contribute to pensions (if we have them), this looks to be a potential problem down the road