Why you might have more to live on in retirement than you think

Relaxing and enjoying retirement is the ultimate life goal for many – but not everyone is comfortable spending the money needed to achieve it.Almost two thirds (63%) of UK adults are concerned about running out of money in retirement, according to research from investment and retirement firm LV=.And anxiety is particularly prevalent among older people, financial experts have told MoneyWeek.The reasons for this fear can be widespread, said money psychotherapist Vicky Reynal, but they are in