Approaching
retirement
36
What happens at age 55?
37
Taking your 25% tax-free lump sum
38
Choosing your retirement date
39
When can you afford to retire?
40
Lifestyles in retirement
41
How to retire with an income of £1,000pm
42
How to retire with an income of £2,000pm
43
How to retire with an income of £5,000pm
44
Ensuring you get the most from your state pension
45
Your choices at retirement
46
Annuities
47
Annuities (continued)
48
Capped drawdown
49
Flexi-access drawdown
50
Uncrystallised funds pension lump sum (UFPLS)
51
Hybrid plans
52
Tax considerations
53
Investment strategies at retirement
“The crops are almost
ready for harvest – all the
work in sowing, growing
and tending is coming
through to fruition.”
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