Having recently passed the first 10 years of pension freedoms, Kyle is joined by friend of the pod Craig Rickman to discuss how pension savers have been taking advantage. The duo explain how income drawdown, where you remain invested and take money out whenever you please, has become the retirement income strategy of choice. Craig also talks through pension withdrawal rates, and also covered the 4% rule and benefits of taking the natural yield from a portfolio.
Kyle is funds and investment education editor at ii, and Craig is ii’s personal finance editor.
On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit www.ii.co.uk/stock-market-news.
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