Retiring abroad cost British pensioners £10.6 billion

Updated
Older couple in Germany
Older couple in Germany


Millions of us dream about spending our golden years somewhere warmer, more comfortable and less stressful than the UK. However, as a new report warns, the economic crisis means that retiring to the sun has become decidedly more expensive, and less comfortable over the last five years. In fact, the average pensioner has found themselves €145.20 a month worse off over that time.

So what has gone wrong, and what can people do to protect their income?
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