95-Should You Take Your Pension Tax-Free Cash (Lump Sum)? episode artwork

EPISODE · May 2, 2025 · 22 MIN

95-Should You Take Your Pension Tax-Free Cash (Lump Sum)?

from Headsup On Money · host Benjamin Mitchell

It's one of the most common queries posed by retirees. Surely getting your hands on 25% of your pension tax free is an absolute no brainer, right? In this episode Benjamin discussed the pros and cons to taking your pension tax free cash straight away and hopefully gives you food for thought that it's not as black and white as it may seem. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.

Episode metadata supplied by the publisher feed · Published May 2, 2025

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It's one of the most common queries posed by retirees. Surely getting your hands on 25% of your pension tax free is an absolute no brainer, right? In this episode Benjamin discussed the pros and cons to taking your pension tax free cash straight away and hopefully gives you food for thought that it's not as black and white as it may seem. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make ano...

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95-Should You Take Your Pension Tax-Free Cash (Lump Sum)?

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