The money saving expert gave the warning to people who were thinking of accessing their pension pot early
Money Saving Expert Martin Lewis has sounded the alarm for workers of a certain age, warning that they could be at risk of losing out on a significant sum from their pension savings.
Delving deeper into the issue of life expectancy, Martin advised his audience not to underestimate how long they might live, stating: "Don't underestimate your longevity. Someone aged 65, on average a man will live another 20 years, a woman another 22 years." Martin concluded with a stark reminder of the high stakes involved in pension planning, highlighting that getting it wrong could lead to a loss of tens of thousands of pounds.
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