Money Minder UK

How to get cash out of your pension

Compare Annuity Income vs Drawdown Income vs Complete Pension Withdrawal

Understanding your retirement options

Fill in this form and we can tell you:

  • how much 'guaranteed income' your pension pot could give you - payable for the rest of your life

  • how much 'drawdown income' your pension pot could provide you with and how long it might last

  • how much tax you might have to pay if you take your whole pension out in one go, as a lump sum

  • how quick and easy it is for you to produce a personalised, in-depth, retirement income planning options report to print off & read at your leisure
Use our pension income, lump sum and tax calculator
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About your pension
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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.