I had this conversation recently with a family member. Neither of us has a pension pot worthy of the name, and we fell to speculating about those who had. Or rather, thought they had, until recently. The small print on all those adverts suddenly sprang to mind: "Prices can go down as well as up," or whatever the paraphrase was. Or perhaps, "Prices can go down as well as plummet." Many people only slightly older than myself are now looking at seriously reduced pensions, and contemplating working until their 70s simply because they can't afford not to.
Dying with your boots on
I had this conversation recently with a family member. Neither of us has a pension pot worthy of the name, and we fell to speculating about those who had. Or rather, thought they had, until recently. The small print on all those adverts suddenly sprang to mind: "Prices can go down as well as up," or whatever the paraphrase was. Or perhaps, "Prices can go down as well as plummet." Many people only slightly older than myself are now looking at seriously reduced pensions, and contemplating working until their 70s simply because they can't afford not to.
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