Why keeping cash in the bank, rather than investing it, might not be the best financial retirement strategy

By Noel Whittaker
November 25 2021 - 7:00pm
There are great alternatives available to grow your money rather than putting it in a savings account. Picture: Shutterstock.
There are great alternatives available to grow your money rather than putting it in a savings account. Picture: Shutterstock.

Interest rates are on the rise, and retirees who choose to leave the bulk of their savings in a bank account will be rejoicing. However, such rises - when they do occur - will be small and spasmodic and won't do much to help.

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