Many people still think of £1m as a big pot of money or a benchmark number to hit, perhaps thinking this would be more than enough to last them throughout their golden years. But can you really live off £1m in retirement?
What worked for your parents may not work for you when it comes to retirement. Do you understand how retirement works for the majority of us now? Or is your thinking still stuck in the 1980s? Find out what you can do to change your 'old money mindset', if you have one.