My friend’s folks retired at 65.
Dad died 6 months later after a rapid cancer growth
Mum died 1 year after that.
There was nothing left for the family as the “advice” he had received didn’t include anything about guaranteed periods etc even though both had been lifelong smokers.
Reckon about £500000 pension fund just went straight into Standard Life‘a own coffers.
Ironically, their dream had always been to go on the Orient Express but couldn’t afford it. Their estate had £15k cash in a current account.
My wife, a nurse in a hospice, regularly cares for people younger than her (she is 53)
We certainly won’t be delaying taking any pension money when the time comes. I like LL’s outlook on things and interested to see that one person can live very comfortably on income of around a grand a month.
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