Regardless of the type of pension you are savings into, pension drawdown offers one option for accessing the funds you've built up. It provides a way of accessing your pot flexibly, giving you the ...

In financial planning, one of the most efficient ways to assess retirement readiness is by applying the 4% drawdown rule. The 4% rule offers a straightforward method for estimating the amount of ...

Pension drawdown, or income drawdown, is a way of taking money out of your pension. You have to be aged 55 or over (57 from 2028) and have a defined contribution pension to access your money in this ...

In most cases, expect your spending to go up in retirement and you can always adjust your drawdown based on what you actually ...

Pension drawdown is a way of taking money out of your pension to fund your retirement. It allows you to keep your savings invested and take money out whenever you choose. Many people remain with their ...

we’ve modeled the safe retirement drawdown rate for 2024. The report also evaluates six retirement withdrawal strategies designed to help extend an investor’s retirement income. With these ...

This gives retirees something extra to think about when it comes to accessing their pension pot. Do they opt for the flexibility of drawdown –where you stay invested and make withdrawals as you ...

On this personal finance edition of Merryn Talks Money, pensions expert Stuart Trow discusses this flexible way to take money from your retirement pot.

Or, you can choose to take a tax-free lump sum up to 25% of the value of your total pension pot, and leave the rest invested. You can also do something called drawdown. This is where you’re paid ...