A new study from LV= has uncovered that a third (32%) of retirees are now living on less than the minimum wage, an estimated 4.8m people.
A new retirement study has found that the average Briton retires with an annual income almost 24% less than the minimum wage.
More than six million Brits over-50 look set to retire on less than minimum wage, according to financial services provider LV.
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