How to Take Money Out of Your Pension

You need to be very careful cutting your hours before you retire. Some schemes have rules that state what you get in retirement is literally a percentage of your final salary. So if you were to cut your working hours to say go part time for three or six months before retirement, you're going to have the same pension as when you worked full-time. And my last tip and a very important one for pretty much anybody aged over 66. If you've got somebody who's on a lower income - listen to this. Check with their pension scheme or read the terms yourself. My hope is it won't be a problem for most, but I would hate to think that you were one of the