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My Early Retirement Plan - Your Thoughts

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  • CityOwl
    CityOwl Posts: 64 Forumite
    Fourth Anniversary 10 Posts Combo Breaker
    drumtochty wrote: »
    The suggestion is you may wish to divert monies to one or the the others pension fund to allow each of you to take a pension of £12,500 a year at 2019/2020 rates to maximise the tax efficiency of both of your zero rate taxable pensions.


    Or you may wish to move some basic rate from on to another if that works in this case but that may not work.
    Thank you for clarifying, this will definitely be a consideration. I am muddling up the personal allowance, the lifetime allowance and the annual allowance. Luckily there is still time for me to learn :doh:
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