How much retirement income from £100,000 after tax free cash?
Edmund Bailey Edmund Bailey
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 Published On Mar 20, 2022

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

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

How much retirement income can you get from £100,000 after the tax free cash has been taken.

We assume a Personal Pension plan valued at £133,333 where 25% of the tax free cash is taken, which would be £33,333, leaving you with a residual taxable pension plan of £100,000.

We look at various real examples of how much income that £100,000 would buy you in your retirement and some of the retirement planning areas that you would need to consider.

Link to the Government Money Helper Website:

https://www.moneyhelper.org.uk/en#

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.

#pension #retirementplanning #financialplanninguk

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