I’ve been saying this a lot… I’m not a big fan of working out pension income this way. It’s a bit crude. But it gives you an idea… And an idea is better than no idea. Here’s the truth though: - You don’t need to take the tax free cash out in one go - You don’t have to limit withdrawals to 4% - You don’t have to take consistent withdrawals Your retirement is as unique as YOU are! And so the plan you build should be too! In this example - you should consider the impact of inflation - contributions
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