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Today, if you retire at 60, you're likely to live for at least another 20 years, so you probably need to retain some exposure to growth via equity markets, at least initially, and then later on you may choose to annuitise, or look for a form of guaranteed return.

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    Quiz

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    In which movie does this quote appear: "May the Force be with you."?
    A Toy Story
    B Star Wars
    C Rocky
    D E.T. The Extra-Terrestrial