Watch episode 18 of The Pension Confident Podcast: Mark Jones, Faith Archer and Martin Parzonka discuss how to not run out of money in retirement.

Listen here: [ Ссылка ]
and read the full transcript here: [ Ссылка ]
Listen to previous episodes here: [ Ссылка ]

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We’ve spoken in much depth about preparing for retirement on The Pension Confident Podcast, but we’ll all eventually get to a stage where we find it’s time to start taking that money out of our pension pots, rather than putting in.

After decades of working and saving into your pension, you’ll be looking forward to the day when it’s finally time to retire and you can start spending your pension cash. But, you might not be sure what the smartest way to withdraw your money is. Furthermore, you might be fearful of it running out.

To take us through all the withdrawal options and discuss how we can make our money last in retirement are our expert guests:


Product Director at Legal & General Retail; Mark Jones
Financial Journalist and Founder of Much More With Less; Faith Archer
PensionBee’s Head of Product; Martin Parzonka.

Useful links:

Pension drawdown - [ Ссылка ]
Pension annuity - [ Ссылка ]
Pension drawdown calculator - [ Ссылка ]
State Pension age calculator - [ Ссылка ]
Inflation calculator - [ Ссылка ]
Drawdown explained - [ Ссылка ]
How to withdraw money from a pension fund - [ Ссылка ]
Should I take a lump sum from my pension? - [ Ссылка ]
Pension decumulation - [ Ссылка ]
Why have annuity purchases been increasing? - [ Ссылка ]
What happens in a Pension Wise appointment? - [ Ссылка ]

Other useful resources:

Pension Wise - [ Ссылка ]
Retirement planning course (Legal & General) - [ Ссылка ]
Life expectancy calculator (ONS) - [ Ссылка ]
Death clock - [ Ссылка ]
Investment pathways (FCA) - [ Ссылка ]
FIRE movement (Investopedia) - [ Ссылка ]
Senior railcard - [ Ссылка ]
Older person’s bus pass (gov.uk) - [ Ссылка ]

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Or visit Pensions Explained: [ Ссылка ]...

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Editing: On The Ark

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