The £5,000 pint: Why we need an alternative to annuities

Jonathan Stapleton asks why a pint of beer in retirement will cost him almost £5,000

Jonathan Stapleton
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Scheme members often hear how giving up their daily cup of takeaway coffee and putting the money saved into their pension will help significantly boost their income in retirement.

While I drink coffee, I much prefer beer. And while I don't mind making sacrifices now, I really want to know what I am making those sacrifices for. So I asked myself another question. How much ...

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