Posts Tagged: Pension calculator

Retirement Planning

Posted by & filed under UK Pensions.

Why retirement planning is important Previously, defined benefit pensions provided employees with a known income upon retirement. Unfortunately, they are now rarely available resulting in most people owning defined contribution pensions instead. The latter provide no such guarantees about the level of pension income you can expect. It is therefore your responsibility to ensure that your savings… Read more »

Pension Withdrawal Rates

Posted by & filed under Finance.

Retirement calculators and pension withdrawal calculators are fundamentally flawed. This is not an issue as long as you are aware of their inherent weaknesses. As mentioned in our pension withdrawal guide there is no ideal amount that can be safely withdrawn upon retirement. Be too conservative and you’ve unnecessarily limited your income though, by contrast,… Read more »

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