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ready made pension advice

jimboger1 · 2025-02-26 16:33:10

hi all turned 60 last week and plan to retire in 12 months my pension currently site with Scottish Widows an £320k and over the next 12 months that will increase to around £400k due to salary sacrifice & bonus etc just now realised that my SW pension hasn't been performing very well and I feel I'd like to move it now (the…

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jimboger1 Posts: 40 Forumite

4 March at 1:49PM

KevinTHFC said:

jimboger1 said:

thanks, but the only way the £25k/year will run out after 16 years is if there is no growth whatsoever, with something like 4% it will last way longer

Have you considered the effects of a market crash which could turn your £400K pot into 200K overnight?

no, but happy to take some advice to mitigate that

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ready made pension advice

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