As the issue of rising inflation hits the headlines the general public are quite rightly worried about its effect on their spending power. While this is undoubtedly a real concern at least the working public have the prospect of wage increases to meet these rising costs. However, the same cannot be said for many of today's retirees. Rapid rises in food and energy costs have long outstripped inflation leaving many pensioners having to budget ever more carefully to maintain their standard of living. As a result they need their retirement income resources to work harder than ever to make u...
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