Why your retirement plans will backfire

Sarah Coles
Elderly couple on beach
Elderly couple on beach

Nine million people who think their retirement income is sorted could be heading for a horrible shock. A new piece of research from LV= has found that almost one in four people are relying on a windfall to pay for their retirement.

And while those who are holding out for the lottery might appreciate that they're on thin ice, those who think they're going to inherit could be heading for disaster too.