Living off Interest Spain

Ironside75

We have around 150k left from a uk sale and after a purchase in Spain retirement

We want to withdraw and live of this for 2 years, what sort of interest could we see monthly and would there be withdrawal fees, ISA or saving or pension?

Thanks

born_again

If you are retiring to Spain, then you need to look at Spanish banks. Not UK ones. 

Mark_d

There might be benefits if you can feed this money in to your pension but whether you can might depend on MPAA.  Why do you only want to live for two years after retirement in Spain?
As an estimate of interest rates, I think bond yield of 2.5% would be a good starting point.

Ironside75

Uk pension kicks in after 2 year

Mark_d

£75k per year, after buying your place in Spain, should give you a very comfortable lifestyle...so work on the cautious assumption you'll get no interest.  Since you're moving to Spain it's worth thinking about your banking - banks like HSBC or Santander should be able to assist clients with the kind of question you have