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Pensions at 55
discodave55
Posts: 1 Newbie
please help all confused
I have 3 pensions to my name and am thinking of cashing the smaller ones in, am i allowed to do this
what is the best advise please
The larger one is around 30,000 which i want to leave alone
2 smaller ones hardly giving anything back of 6,000 and 5,000
can i take all the money from smaller ones or best to take 25% and leave until i retire at 67
i am working at moment as well, just looking for a cash boost
I have 3 pensions to my name and am thinking of cashing the smaller ones in, am i allowed to do this
what is the best advise please
The larger one is around 30,000 which i want to leave alone
2 smaller ones hardly giving anything back of 6,000 and 5,000
can i take all the money from smaller ones or best to take 25% and leave until i retire at 67
i am working at moment as well, just looking for a cash boost
0
Comments
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How old are you?
Are any of them Final Salary pensions?Free the dunston one next time too.0 -
30k plus the State Pension is hardly going to make you comfortable in retirement. You might consider merging the two smaller pots into the larger one (presuming that all 3 are DC pots, not salary-related schemes, see previous question)The questions that get the best answers are the questions that give most detail....0
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