**2024** How much retirement income from £100,000 after tax free cash?
Chartered Financial Planner based in the UK
How much retirement income can you get from £100,000 after the tax free cash has been taken. **2024**
We assume a Personal Pension plan valued at £133,333 where 25% of the tax free cash is taken, which would be £33,333, leaving you with a residual taxable pension plan of £100,000.
We look at various real examples of how much income that £100,000 would buy you in your retirement and some of the retirement planning areas that you would need to consider.
Credit to : Edmund Bailey