Partial pension encashment
JUNE'S STORY - 65 YEARS OLD
June is thinking about finishing work and wants her pension to fund her retirement. What she’d like most is the flexibility to take out lump sums when she needs it. She’s happy with the way her money’s been invested so far and doesn’t really want to change anything but she wants to withdraw some of her money for a holiday.
Please click here to read the assumptions we’ve made
June will be entitled to the new State Pension which is currently £203.85 per week at her State Pension age.