Featuring: Philip May
The current COVID-19 crisis and its consequential economic and market impact represent the first serious challenge to the new generation of investors in retirement who have embarked on drawdown. Incorrect investment decisions taken now could mean retirees leading poorer and less fulfilling lives as they move through the retirement years. However, if investors refocus on their retirement objectives and maintain a long-term approach, it should be possible to navigate the current difficulties without substantial long-term damage.
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