The rising cost of living is a growing concern for retirees, who are already worried about outliving their savings
A recent study found that half of over-55s are worried their retirement savings won’t last their lifetime. Photo: Getty
Many of us have an idea of what our retirement will look like: travelling the world, discovering new hobbies, spending time with friends and family, or simply taking it easy after escaping the daily grind.
When the time comes, however, enjoying the fruits of our labour may not be quite so straightforward.
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