Retirement Income Options with a £150k Pension Pot - Annuity, Drawdown or BOTH? скачать в хорошем качестве

Retirement Income Options with a £150k Pension Pot - Annuity, Drawdown or BOTH?

Whether you're nearing retirement or just starting to plan, it is important to understand how to use your pension pot wisely to maximise your pension income in retirement. In this video, Damien explores level and RPI-linked annuities, as well as a combined approach that incorporates flexi-access drawdown. Damien also covers some important considerations, such as managing investment risk, passing on wealth, and working with a financial advisor. He explains: 🔹 How annuities work and the benefits of a guaranteed income for life 🔹 The pros and cons of inflation-linked annuities vs. level annuities 🔹 The flexibility and investment potential of using flexi-access pension drawdown 🔹 A unique "phased" approach that combines annuities and drawdown 00:00 - What retirement income will a £150K pension pot provide? 00:15 - What is an annuity and how does it work? 00:43 - What is flexi-access pension drawdown? 01:00 - Why are annuities so popular? 01:25 - Annuity rates 2022 vs 2025 02:10 - Should you take an annuity or use flexi-access pension drawdown? 02:20 - £150k level annuity for a 65 year old 03:59 - £150k RPI-linked annuity for a 65 year old 05:10 - £150k phased annuitisation with drawdown for a 65 year old 07:02 - Annuity vs Drawdown compared 07:18 - Other types of annuities and retirement income strategies Support the podcast: You can now support the MTTM podcast by visiting our dedicated podcast page (https://moneytothemasses.com/podcast) when making any financial decision. You may already compare products and services online and make purchases but by doing so via our dedicated page you might not only save money but could also earn cashback or take advantage of exclusive offers for MTTM listeners. Every time you use a link on the page we may earn a small amount of money for our podcast. We only use affiliate links that give you an identical (or better) deal than going direct. Thank you for being an incredible part of our community. Your support means the world to us. Support the show by visiting and bookmarking our dedicated podcast page: Money to the Masses Dedicated Podcast Page (https://moneytothemasses.com/podcast) - Click to support the show. Resources: Links referred to in the podcast: Annuity calculator - https://www.moneyhelper.org.uk/en/pen... How to find a good financial advice that you can trust - https://moneytothemasses.com/saving-f... --------------------------------------------------------------------------- Since 2010 Money to the Masses has been helping people with their personal finances for FREE. Money to the Masses is one of the UK’s leading independent personal finance websites specialising in all aspects of financial planning including investments, pensions, property, insurance, mortgages, budgeting and saving. We bring together expertly written content, interactive tools and technology to help over 4 million people a year across our platform. If you are looking to get your finances in shape then check out Damien's FREE Money MOT at https://mot.moneytothemasses.com/ --------------------------------------------------------------------------- Follow Money to the Masses on social media: Website - https://moneytothemasses.com/ Facebook -   / moneytothemasses   Instagram -   / moneytothemasses   Twitter -   / money2themasses   #pension #pensionplanning #retirementgoals