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Rising cost of living forcing parents to dip into retirement funds, Killik & Co research finds

News Team, 01/12/2022

New research from investment firm Killik & Co has revealed that the cost-of-living crisis is hitting the public's retirement funds as parents access money put aside for their future to support loved ones struggling to keep afloat in the face of soaring costs.

Nearly a quarter of parents (24 percent) have already accessed, or are planning to use, retirement funds early to help cope with rising living costs.

Almost one in 10 (eight percent) of parents said they have ...


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