#30 Is The 4% Pension Drawdown Rule Before Or After Tax? The Money Spot™ - UK Personal Finance podcast

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Podcasting Education Money Spot™ UK Personal Finance Heather Katsonga-Woodward

Innehåll tillhandahållet av The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

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#30 Is the 4% pension drawdown rule before or after tax?

4y ago 12:05

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Innehåll tillhandahållet av The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

#30 David asks: Hi Heather I’m really enjoying your podcasts and have already given a 5 star rating. I am 57 and plan to retire at 60 so love your retirement items. When talking about 4% draw down for retirement income, it’s never clear if the figures are before or after tax. For example 4% of £1m is £40k, but after tax this could be nearer £30k. If you then get a state pension of say £9k, the figure before tax is £49k, but after tax it is nearer £35k. So when you talk about money needed in retirement, do you mean before or after tax? Thanks, David Related resource: https://www.katsonga.com/wealthblog/is-the-4-pension-drawdown-rule-before-or-after-tax Ask me a question: https://www.katsonga.com/coach.html Choose a book: https://www.katsonga.com/mybooks.html Support the podcast: In $: https://www.buymeacoffee.com/TheMoneySpot In £: https://www.patreon.com/TheMoneySpot Your way: https://www.paypal.me/katsonga

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51 episoder

#Podcasting Education #Money Spot™ UK Personal Finance #Heather Katsonga-Woodward

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#30 Is the 4% pension drawdown rule before or after tax?

The Money Spot™ - UK Personal Finance

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published 4y ago

Dela

MP3•Episod hem

Innehåll tillhandahållet av The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

#30 David asks: Hi Heather I’m really enjoying your podcasts and have already given a 5 star rating. I am 57 and plan to retire at 60 so love your retirement items. When talking about 4% draw down for retirement income, it’s never clear if the figures are before or after tax. For example 4% of £1m is £40k, but after tax this could be nearer £30k. If you then get a state pension of say £9k, the figure before tax is £49k, but after tax it is nearer £35k. So when you talk about money needed in retirement, do you mean before or after tax? Thanks, David Related resource: https://www.katsonga.com/wealthblog/is-the-4-pension-drawdown-rule-before-or-after-tax Ask me a question: https://www.katsonga.com/coach.html Choose a book: https://www.katsonga.com/mybooks.html Support the podcast: In $: https://www.buymeacoffee.com/TheMoneySpot In £: https://www.patreon.com/TheMoneySpot Your way: https://www.paypal.me/katsonga

… continue reading

51 episoder

#Podcasting Education #Money Spot™ UK Personal Finance #Heather Katsonga-Woodward

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