Do More With Your Money

#114 How much should I take from my Pension?


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On today’s Do More With Your Money show, how much should you take from your Pension and how can you use your Pension to pay less tax? Wherever you are on your investment journey, this is an episode that will give you the insight to make your money do more.  0:00 How can you use your Pension to do more with your money?  2:53 What is our Panel's favourite thing about a Pension?  5:38Why are Pensions exciting?  9:13Invest early and often to grow your money  11:38 Don't rely on a State Pension  13:59 How much should I take from my Pension?  17:43 Using your Pension to reduce your Inheritance Tax  19:34 You don't need to take your 25% lump sum in full  22:48 Transferring and consolidating Pensions  27:33 How much can I put into my Pension?  29:20 You can carry on contributing to a Pension in retirement to protect your money  29:57 How tax relief in a Pension helps you grow your money

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