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👨🏼‍🦳 This model includes reducing your withdrawals by £1k per month from 67 years old. 💸 I’ve assumed an average annual growth rate of 6%. Growth is stochastic (50th percentile) - meaning it’s more random and is not the target amount every year. 💪🏽 This is just one approach to flexi-access drawdown. If you have a flexi-access enabled pension, you may wish to take a different approach. 💰 These withdrawals are gross of tax. Usually, the first 25% of a personal pension is tax free and the re
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not a finacial advisor just my personal retirement planning setup 💁‍♀️ correction: *contribute to a traditional IRA and then CONVERT (not transfer) it to a Roth #hsa #401k #retirement #savings #nyc
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