Original version

BBC Radio 4 LW

Money Box

Discussion & Talk

Podcasts

Factual: Money

The latest news from the world of personal finance

The latest news from the world of personal finance plus advice for those trying to make the most of their money.

BBC Radio 4 FM

Money Box: Money Box Live

Money Box Live

16/05/2018

BBC Radio 4 - Money Box, Money Box Live

The retirement cash dilemma: stash it or splash it?

Money Box Live listener Anne from Dorset got in touch to tell us she feels "practically paralysed" when it comes to making decisions about spending money. She is 65 years old, retired and has an income of £20,000 a year through a combination of pensions and ad hoc work. She also has savings.
But she has no idea if this will be enough to live comfortably in her retirement.
She sees friends going on cruises and splashing out on luxuries which she'd love to do, but she is frightened of running out of money so ends up doing nothing.
Anne says she knows she is fortunate to have a steady income, but she's not really enjoying retirement because she's too scared about her finances.

Does this strike a chord with you? Get in touch with Money Box Live at moneybox@bbc.co.uk

Louise Cooper will be joined by: 
Michelle Cracknell, Chief Executive, Pensions Advisory Service. 
Debora Price, Professor of Social Gerontology at the University of Manchester.
Jenni Allen from consumer group Which?

BBC Radio 4

Intelligent speech, the most insightful journalism, the wittiest comedy, the most fascinating features and the most compelling drama and readings anywhere in UK radio.

Accessibility links

Programme Index

Money Box

Money Box Live

Genres

Formats

Brand

BBC Radio 4 LW

About BBC Radio 4