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But what is a good private pension pot? Telegraph Money explains how to work out what you need and what you’ll need to do to ...
Saving for retirement can feel like a challenge – and even more so for those not in a couple who face the so-called ‘singles ...
Just because rates are fairly good right now, that doesn’t necessarily mean an annuity is the right retirement strategy for you. Using your pension pot to buy an annuity is an irreversible ...
But it’s not all good news. According to the Scottish Widows ... 70% of individuals aged 16 or over hold at least one pension pot. According to the latest ONS Wealth and Assets Survey, the ...
The calculations made various assumptions about inflation and investment returns and that people would start making regular withdrawals when they turned 67 until their private pension pot ran out.
If this is added to your pension, it would increase the size of your pot by £19,100 over 25 years, assuming it grows at 5 pc, according to Scottish Widows. For someone on a salary of £105,000 a ...
Fees erode your investment returns, so reducing them as much as possible is a good way to help protect your pension pot. Get the latest financial news, insights and expert analysis from our award ...
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