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Only 1 in 4 mortgage-free over-50s use extra cash to boost pensions

Fewer than one in four over-50s who have paid off their mortgage use the extra cash they save to boost retirement savings, according to new research.

'Fun loving retirees blowing our inheritance', say kids

Ten per cent of grown up children claim their parents are having ‘too much fun’ and ‘blowing’ their inheritance, as a generational financial tug of war takes place, according to a retirement report.

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