Freedom factor (Aspire to Retire)
Our previous freedom factors uncovered the options you have for taking your retirement benefits – guaranteed income, adjustable income and cash. We covered what’s good and not-so-good about each of them, and also how you could mix and match them. This week, we’ll look at our final freedom factor and answer the all-important question – ‘when?’ Freedom factor 6: When can you release your benefits? 🗺️ Your […]
In our freedom factor series, we’ve covered a number of options for taking your retirement benefits – guaranteed income, adjustable income and taking cash. Now it’s time to look at mixing and matching the options to suit you. Before you unlock this option, there’s a lot to think about, and you may want to consider taking guidance or advice. We can […]
Depending on what your provider offers, you may be able to simply take cash out of your pension pot, either in chunks or all at once. Before you unlock this option, there’s a lot to think about, and you may want to consider taking guidance or advice. We can help with this. Read on! Four […]
Adjustable income enables you to take income from your pension pot and leave the rest invested. Depending on what your pension provider offers, you may need to move your pension pot to a ‘flexi-access drawdown’ arrangement (also known as a ‘drawdown pension’), which is a financial product offered by most providers. And you can usually […]
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