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Saturday 20th of March 2010

News Tag: insufficient funds

April 16, 2008

Retirement ruined by downsizing

by Kay Murchie
Retirement ruined by downsizing
A study by Saga has revealed that 10% of retirees are forced to move house once they stop working. Saga said as living costs continue to soar, retirees do not have sufficient funds to cover a settled and comfortable retirement. Consequently, retirees are forced to move home or downsize in order to achieve living costs in line with their pension. The study revealed ...