Pension decumulation is the process of transforming your pension savings into retirement income. In this video, Personal Finance Journalist and Money Blogger at Much More With Less; Faith Archer explains how to change gears from saving to spending. Watch to find out what your options are when it comes to taking money out of your defined contribution pensions. Plus, discover what factors you need to consider and where to go for more information and guidance.
*
Useful links:
Life expectancy calculator (ONS) - [ Ссылка ]
Retirement Living Standards (PLSA) - [ Ссылка ]
PensionBee’s Pension Calculator - [ Ссылка ]
Pension Wise - [ Ссылка ]
Pension drawdown - [ Ссылка ]
Pension annuity - [ Ссылка ]
Retirement planning - [ Ссылка ]
Managing your retirement - [ Ссылка ]
How to prepare for a happy retirement - [ Ссылка ]
How to not run out of money in retirement - [ Ссылка ]
How to plan for a happy retirement - [ Ссылка ]
*
Please like, share and subscribe if you like what we're doing! Share your thoughts in the comments box below.
PensionBee makes it easy to stay on top of your pension and take back control of your personal finances. Check out our plans and learn more about what we do at: [ Ссылка ] (capital at risk)
*
Video and editing: Big Button
