Savers could run out of money in 25 years under average drawdown rate

James Phillips
clock • 2 min read

Savers using drawdown in retirement are potentially accessing their funds at an unsustainable rate, with money likely to run out within 25 years.

Many pensioners are adopting a 6.2% withdrawal rate, with an increasing number doing so immediately upon retirement, an analysis by Royal London has revealed. However, it found this withdrawal r...

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James Phillips
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James Phillips

Professional Pensions journalist from 2016-2022

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