New research shows on one in six people are worried they'll need to ask their kids for money during retirement.
Justin Urquhart Stewart, from Seven Investments, said: "It's astonishing when you think about the fact that actually most parents would be saying 'what can I provide for my children?' But of course it may well reverse
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"Care homes, healthcare, all of those things are going to be much much more expensive."
At retirement you may be entitled to the new state pension of £155.65 per week plus a workplace pension you've contributed to while in employment.
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Here are three ways you can guarantee an income during retirement:
1. Get an annuity
This pays a fixed amount for life - this offers income certainty but you can't access your cash to withdraw of invest it.
2. Get a drawdown pension
This invests your money in the stock market but lets you take out lump sums to spend however you like on day to day things or a nice holiday! But 58% of people don't understand the risks
"But of course, the pot of cash has got to last you a long time.
"The other issue is going to be inflation and it can erode like acid the value of what you've saved."
3. Get a guaranteed drawdown
This offer can be the best of both worlds - it guarantees a level of income that can increase. You can access your money if you need it, although this will reduce your income.