Thinking about how to take money from your pension? One of the most popular options is pension drawdown — where your money stays invested, and you withdraw income when you need it. But here’s what many people don’t realise: • Not all pension schemes allow drawdown 🚫 • Your money stays invested, so values can rise and fall 📉📈 • It gives flexibility, but it also carries risk ⚠️ Understanding how drawdown works could be the difference between a confident retirement and running out of money too s

Want a quick way to check if you’re saving enough into your pension? Here’s a simple method that takes less than 10 seconds ⏱️👇 It’s called the “Half Your Age” Rule: Take your age ➗ by 2 = the % of your income you should aim to save. 📌 30? Save 15% 📌 40? Save 20% 📌 50? Save 25% It’s not perfect, but it’s a brilliant benchmark to help you stay on track. Because the earlier you start, the less you’ll need to save later. 🔁 Save this post for future reference 📲 Follow for more clear, honest mo

5 things I never do with my money: 1. Buy real estate I don’t fully understand 2. Pay a % of my assets to an advisor 3. Overcomplicate my portfolio to sound smart 4. Chase crypto, NFTs, or hype I can’t explain 5. Confuse movement with progress Simple. Transparent. Intentional. That’s the goal. #tylergardner #yourmoneyguideontheside #moneyrules #investingsmart #personalfinance #wealthbuilding #financialindependence | Socialcapofficial

How do financial advisers actually get paid? 💡 Here’s the clear breakdown: • ✅ Initial consultation: usually free — a chance to ask questions and see if advice is right for you. • 💡 Protection & mortgages: advisers are paid commission by the provider, and this is always shown in your paperwork. • 📉 Investments & pensions: since 2012, commissions have been banned. Instead, you agree a transparent fee structure with your adviser: • 1–3% upfront: this covers the detailed research, planning, and

Why you should NEVER work with a financial adviser. ❌ That sounds extreme, right? But here’s the truth… If you’re only focused on the cost, then yes — advice might look expensive. But here’s what those fees actually buy you: • ✅ A personalised roadmap – your pensions, investments, and tax position organised into a clear, tailored plan. • 🔄 Course correction – regular reviews so your plan adjusts as life, markets, and tax rules change. • 🧠 Behavioural coaching – helping you avoid costly mistake

Think inheritance tax won’t affect you? Last year it raised £8.2bn. From 2027, pensions will count too. ✅ £325k allowance ✅ £175k home allowance ✅ Couples can transfer these — up to £1m tax-free on second death. Everything else? Taxed at 40%. Always seek advice if you feel you are impacted by this. #moneymindset #taxes #financialliteracy | Gardner Financial Management