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In this week’s video we discuss the popular – but challenging and uncertain – topic of flexi-access drawdown.

Are you considering pension flexi-access drawdown as part of your retirement planning?

This comprehensive video is your ultimate resource for understanding the current UK pension landscape and how to navigate it effectively.

Join us as we delve into crucial topics like sustainable withdrawal rates, the insights of Bill Bengen, and the intricacies of workplace pensions which may not be as flexible as they seem.

We also explore the pros and cons, the risks associated with flexi-access drawdown, potential for capital growth, and the importance of making smart death benefit nominations.

Learn about sequencing risk and how to manage the Month 1 tax implications to optimise your retirement income.

Key Takeaways:

• Understand the pension landscape in the UK as of now.
• Learn about sustainable withdrawal rates and the role of Bill Bengen's research.
• Assess the flexibility of workplace pensions.
• Explore the advantages and risks of pension flexi-access drawdown.
• Discover strategies for capital growth and effective tax management.

Whether you're approaching retirement or planning for your future, this video provides essential insights and strategies to help you make informed decisions.

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00.00 Introduction
00.29 Flexi-access drawdown
02.04 Pension drawdown landscape in the UK
02.34 Withdrawal rates
03.19 High cash balances
04.00 Workplace pension and default funds
05.01 Advantages of flexi-access drawdown
06.00 Capital growth potential
07.03 Death benefit nominations
08.06 Disadvantages of flexi-access drawdown
09.25 Sustainable withdrawal rate
10.28 Sequencing risk
14.03 Month 1 emergency tax
14.49 Conclusion

Tax-free cash video link:

   • Tax Free Cash: How to access your pen...  

#pensionplanning #retirementready #flexiaccessdrawdown #ukpensions #sustainablewithdrawal
#sequencingrisk #deathbenefit #billbengen #month1tax