Money Minder UK

Retirement Income Planning

Get a report on your retirement options

Deciding the best way to get money out of your pension plan can be challenging, there is a lot to consider. This tool enables you to look in depth at the main options available to you and will help you to make an informed choice.

First we'll compare Annuities, Flexi-Access Drawdown, & the ability to encash your pension.

See your retirement options

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Glossary

Smoking

If you smoke you may be able to get a higher level of income from an annuity.

Health Issues

If you have any medical health issues you may be able to get a higher level of income from an annuity.

Tax Free Cash

This will be taken directly from your fund.

You can normally take up to 25% of your pension fund, tax-free. This will reduce the amount you have left to provide an income.