Chartered Financial Planner based in the UK.
Contact: [email protected]

Or book an initial call via: https://featherstonepartners.co.uk/ab...

Retire Using Pension DRAWDOWN - What is pension drawdown and how does it work?

One of the most popular ways of taking an income from a personal pension is via pension drawdown. Which can be accessed at 55 and this is increasing to age 57 from 2028. We’ll look at why and how it works during retirement along with understanding the balance between the withdrawal rate and growth of the underlying assets.

We’ll look at a cashflow plan of a real life scenario and how a client has adapted their spending inline with their needs and their investment returns.

And rather than taking all of the tax free lump sum upfront they are using phased drawdown and we can look at some of the benefits of doing that.

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⏰ Timestamps:
0:00 - Introduction
2:13 - 4% Rule
4:01 - Cashflow Example
5:06 - Vanguard Research
6:07 - Back to Cashflow Example

Contact me directly at:
[email protected]
https://featherstonepartners.co.uk/

🗒 Please note:
The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow.

All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances.

This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway.

Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest.

⭐ My aim is to provide education and guidance to help individuals understand pensions, investments and protection.

#retire #pensiondrawdown #financialplanninguk