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Tag: retirement plan

Everything you need to know about the shape of your retirement income

Retirement income: what shape are you?

8 October 202111 October 2021Pension Freedomspension calculator, pension freedoms, pension pots, retirement income, retirement plan

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 much pots in retirement
How much do you need in your pension pots?

How Much Do You Need in Your Pots for Retirement?

24 July 20203 October 2021Pension Potshow much in pension pot, pension pots, retirement lifestyle, retirement plan, save for retirement, total pension pot

How much do you need in your pension pots? The answer to this question will depend on various personal factors. In addition to doing the numbers, here are a few things to keep in mind

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pension pot leak
Leaks will eat away at your income once you retire.

How to Avoid Leaks from Your Pension Pots

26 June 20203 October 2021Pension Potsincome tax, low cost funds, pension pots, provider charges, retirement income, retirement plan

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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