£100,000 pension pot? How to avoid being penniless at 80

If you’d taken 7% a year from the year 2000 the cash would have run out by 2014. So what can you do?How long will your pension savings last in retirement? Analysis by investment advisers Hargreaves Lansdown suggests that drawing down much more than 5% a year could leave you penniless in your 80s. Related: Save three times your salary before you’re 40 to retire? That’s absurd advice | Merryn Somerset WebbContinue reading...