What is retirement income? Retirement income is the money that you’ll have to live on once you’ve retired. When we talk about retirement income, we mean the total income you have each year. That also means after
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How can benefits help with pension planning and retirement income
Benefit entitlements when making pension contributions Contributing to your pension scheme offers great tax benefits, a topic we've covered in a previous post. In addition to great tax benefits, pension contributions can also increase your
Continue ReadingPlanning Your Retirement Income – is there a Magic Number?
What percentage should you take from your pension pots when you retire? This is one of the most common questions people ask when they first find out about pension freedoms: what is the right percentage
Continue ReadingHow to Avoid Leaks from Your Pension Pots
What are leaks from your pension pots? Jenny has saved consistently into her various pension pots over the years. She has also taken advantage of the available contributions from her employer where possible. When she
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