Why the Jammie Dodgers?
I have found that people have always thought of pensions as two dimensional. We all have seen the pension pie chart diagram which shows a quarter available as tax-free cash. Well it’s not the best way to describe how you can take the benefits out of your pension savings pot.
What does the biscuit depict?
The biscuit is your pension fund which needs to last you for the rest of your life. It must be slowly nibbled one bit at a time. Continue reading “Phased Pension Drawdown”