2 Huge Mistakes Made By Retiring At 65 (One Could Cost You £100,000)

(78) Most people planning retirement at 65 are using the wrong number for how long their money needs to last — and a second, quieter mistake sitting inside their pension statement could be costing them over £100,000. Arthur breaks down the real ONS life expectancy figures for a 65 year old, closer to 20 years of retirement, not 10, why most workplace default pension funds have underperformed a simple index tracker, and the exact 15 minute check that reveals how much you're losing to fees. You'll also learn about sequence of returns risk, the two levers you actually control over your retirement income, and why a simple cash buffer can protect your pension from a market crash in your first few years of retirement. Timestamps: 00:00 – Why the retirement number most people use is wrong 01:50 – The real ONS life expectancy data for a 65 year old 05:36 – How your pension's default fund compares to a tracker 09:17 – The hidden timing risk around when you retire 11:28 – The two levers that protect your retirement income 14:09 – Why most people avoid checking their own pension 15:55 – A simple plan to fix both mistakes Hashtags: #retirementplanning #ukpension #pensiondrawdown #retirementincome #ukpersonalfinance