June is thinking about finishing work and wants her pension to fund her retirement. What she’d like most is the flexibility to take out lump sums when she needs it. She’s happy with the way her money's been invested so far and doesn't really want to change anything but she wants to withdraw some of her money for a holiday.
George wants a guaranteed monthly income
Helen wants her annuity to increase with inflation
Dawn can get an enhanced annuity because of poor health
Jim wants to provide for his wife should he die first
Ted wants to take his 25% tax-free lump sum and then invest the rest
Go back to the taking your money home page to look at a different stage.
Have you thought about what your plans mean for your retirement income? Our calculators can help you work it out.
Got more than one pension? Then you could think about putting them all in one place. Combining your pensions with Scottish Widows is simple and we won't charge you for this service.