Today's low yields present new retirees with a stark choice: Accept the safe but low income, or...

|By:, SA News Editor

Today's low yields present new retirees with a stark choice: Accept the safe but low income, or take the risk of staying in the stock market. At current levels of return, some 59% of people aged 56-62 will be at risk of not having enough money to cover basic living and health care costs in retirement.