Quote:
Originally Posted by gazfan
Interest rates currently are such that private or occupational pension schemes are suffering badly.
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That, and the current low interest rates are what will hit me hard. The original plan was to liquidate my property investments and take an income from capital invested. Now, there's no interest available so I'd have to be living off my capital. Also the value of an annuity from my private pension scheme has dropped dramatically recently.
All in all, it looks like I'll be working for a year or two yet..