Well done, you have made it through January, but maybe you are dreaming of retiring or at least working less? Determining ...
The idea of finally retiring from work may fill some with joy – but it can also be a great source of anxiety. It is all well ...
Telegraph Money reveals the average UK pension pot and what you will need for a comfortable ... in retirement, as much will depend on when you retire, what you plan to do in retirement, and ...
The revision is far bigger than previously reported and means there is less in the pot from which to pay the pensions of ...
I want to understand more about the tax-free 25% as this forms a big part of my strategy, which is to take more of it in the ...
How to increase your retirement pot Can you afford to retire ... then you will need a much bigger private or workplace pension to help you do so. This depends on your circumstances, such as ...
A reader worried about their small pension pot is wondering how they will ever find enough money for retirement ...
A 65-year-old with a £100,000 pension pot can currently secure an annual income of up to £7,492 in retirement. Retirees can get this gaurenteed income for life through a single life level annuity with ...
the size of the pot varies substantially depending on which level you’re aiming for. If you’re just starting your pension, here’s an idea of how much you’ll need to put in. Bear in mind ...
If your pension pot is higher than ... for you if it makes sense to do so.” We have more on this topic in Can you pay into someone else’s pension - and how much can you pay?
It can be difficult to decide how much money to put into a pension. Mr Lewis gives his rule of thumb: “Take the age you start ...
Take out too much, too soon and you could run out of money. Plus, the value of your pot could take a hit if your investments underperform. You can leave money in your pension and take out lump sums ...