I have written about the massive change that took place this week to the way Brits can access and spend their pensions.
This research from LV highlights how in the first few years after retirement new retirees spend much more. LV reckons they spend £33,000 on luxuries. I find that very difficult to believe.
Whatever, there is no doubt that the 'sweet spot' for capturing old spending (on average) is in the range 65-70. You know, that is an important conclusions. Dick Stroud