Even though you may be retired and receiving your pension, everyone is still subject to pension lifetime allowance test at age 75. The lifetime allowance tax charge can be significant, potentially resulting in a big dent in your pension funds. It’s important to...
If you’re considering retirement or have recently retired then it’s likely you have reached the point where you have stopped saving (accumulating) into your retirement portfolio and are now spending (decumulating). So have you worked out what you can afford to spend...
When it comes to choosing a safe pension withdrawal rate you may have heard that taking 4% a year from your pension is the thing to do. This may be OK if everything always stayed the same e.g. your spending, inflation and investment growth. But unfortunately nothing...
Is there a magic formula/best investments strategy for retirement? No. Is there a way to determine what strategy is right for you? Absolutely. Getting the right strategy and the best investments for you now is going to make a massive difference to your retirement. But...
For anyone that is considering retirement or perhaps would like to use their pension to provide a top up to their income whilst they enter their final years of work, this article will explain how pension drawdown works. Essentially pension drawdown is a method of...
