Most retirees know exactly what they are getting monthly with pensions, and social security. Unfortunately, that isn’t the case with me.
The largest one from England, Len’s 40 years pension, and my 25 years from the government was around $1,200 a month when he passed, 19 months ago.
Now the pound is down from $1.60 to $1.11, which I have never seen before. This drops my English pension by between $275 and $300 a month.
Luckily, I do have other income from here, the U.S., but how would I manage if that was my only source.