Any such thing as DIY guaranteed retirement income?
2 questions... (1) What would a 40 year old woman need to invest/save in to [b]guarantee[/b] an income of £15,000 per year if they want to retire at 60? Please ignore the state pension and final salary pension schemes. (2) How much would they need to contribute each month? I was asked these questions recently but could not think of anything that was guaranteed.
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13 March 2010