‘How much will a manic Trump cost me?’ Pension savers’ anxiety rises over market volatility

‘How much will a manic Trump cost me?’ Pension savers’ anxiety rises over market volatility

Guardian readers say they have been hit hard by the US-inspired trade war, with some having lost tens of thousands from their pots

Fraser, 63, a retiree from Essex, had been planning to leave his £140,000 pension pot invested in stocks and shares, only cashing out monthly gains to tide him over financially to state pension age.

“I was trying to only take the cream off the top, anything above £140,000. Every month in recent years, I’ve taken between £2,500 and £3,000 out to live off it. Then, at 67, I could have bought a decent annuity. It was fine, until the tariffs on Trump’s ‘­liberation day’.”

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