This week we take another look at pensions and the generational shift in what people can expect in retirement. Pensions have changed - generous defined benefit schemes are almost completely gone and defined contribution schemes put the risk of not having enough in retirement on you, not your employer. We discuss this, as well as, how inflation affects your retirement plans, whether you should think of your home as a pension, and what you can do to increase your chances of a well funded retirement.
Nothing in this podcast is financial advice and when investing your capital is at risk. If you are unsure about what to do with your pension you should seek professional advice.
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