Three ways to make your retirement money last

Michelle McGagh

There are only three solutions to the fact that the majority of us aren't saving enough for retirement but according to new data there looks to be a bias in favour of one outcome.

If you haven't got enough money saved for old age there is only one of three things you can do: sacrifice now and save more for later, downgrade your expectations and live more frugally in retirement, or keep working and retire later.