Personal finance and money news, analysis and comment | theguardian.com: How do we get an income from our joint pension and savings?

Personal finance and money news, analysis and comment | theguardian.com Latest news and features from theguardian.com, the world's leading liberal voice

How do we get an income from our joint pension and savings? Nov 9th 2013, 07:01 We have the cash in various accounts but have little experience in money management Every week a Guardian Money reader submits a question, and it's up to you to help him or her out – a selection of the best answers will appear in next Saturday's paper. This week's question We are a retired couple in our early 60s with a combined pension of £14,500 and savings of £250,000 (mostly inherited) in various low-interest accounts. What's the best way to use this money to create an income? We have thought of buying a flat to rent but have mixed views. We have little experience in money management and would appreciate readers' suggestions. What are your thoughts? Have you got a personal finance question you want readers to answer? Email personal.effects@theguardian.com Retirement planning Pensions Investments Savings theguardian.com © 2013 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds Media files: Retired-couple-sitting-si-001.jpg (image/jpeg) Retired-couple-sitting-si-006.jpg (image/jpeg)

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