{"id":70944,"date":"2017-11-04T14:00:12","date_gmt":"2017-11-04T07:00:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/100000-pension-pot-how-to-avoid-being-penniless-at-80\/"},"modified":"2017-11-04T15:04:00","modified_gmt":"2017-11-04T08:04:00","slug":"100000-pension-pot-how-to-avoid-being-penniless-at-80","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/100000-pension-pot-how-to-avoid-being-penniless-at-80\/","title":{"rendered":"\u00a3100,000 pension pot? How to avoid being penniless at 80"},"content":{"rendered":"


\nIf you\u2019d taken 7% a year from the year 2000 the cash would have run out by 2014. So what can you do?How long will your pension savings last in retirement? Analysis by investment advisers Hargreaves Lansdown suggests that drawing down much more than 5% a year could leave you penniless in your 80s.Hargreaves examined the real-life outcome of retiring in 2000 with a pension pot of \u00a3100,000. It found that if you took out 7% a year \u2013 in other words you drew down \u00a37,000 annually \u2013 by 2014 your money would have run out. Continue reading…
\n
\nSource : theguardian.com
\nRead more…\u00a3100,000 pension pot? How to avoid being penniless at 80<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If you\u2019d taken 7% a year from the year 2000 the cash would have run...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-70944","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-isg","jetpack-related-posts":[{"id":72269,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/city-calls-for-pension-pot-refocus-ahead-of-budget-day\/","url_meta":{"origin":70944,"position":0},"title":"City calls for pension pot refocus ahead of Budget day\u00a0","date":"November 20, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...City calls for pension pot refocus ahead of Budget day\u00a0","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35458,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/seize-sir-philip-greens-assets-to-pay-pension-pot-mp-says\/","url_meta":{"origin":70944,"position":1},"title":"Seize Sir Philip Green's assets to pay pension pot, MP says","date":"November 23, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Seize Sir Philip Green's assets to pay pension pot, MP says","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14914,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-took-some-money-from-a-pension-pot-and-have-now-been-sent-a-ridiculously-high-tax-code\/","url_meta":{"origin":70944,"position":2},"title":"I took some money from a pension pot and have now been sent a ridiculously high tax code","date":"May 31, 2016","format":false,"excerpt":"\r HMRC has estimated my income tax is \u00a3291,072 \u2013 more than ten times what I\u00a0actually payI am on a modest university pension (\u00a325,555) and do a bit of freelance work (perhaps worth \u00a34,000), while this April I\u00a0took \u00a312,500 out of a small additional pension pot. This morning I received\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6588,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/workers-need-to-put-15-of-income-into-pension-report-says\/","url_meta":{"origin":70944,"position":3},"title":"Workers need to put 15% of income into pension, report says","date":"March 2, 2016","format":false,"excerpt":"\r Saving more than three times the present average is necessary to have enough cash in retirement, review for Labour party findsWorkers need to put 15% of their earnings into a pension pot, according to a review for the Labour party, which has warned about a return to working until\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-your-pension-pot-can-help-claw-back-lost-child-benefit\/","url_meta":{"origin":70944,"position":4},"title":"How your pension pot can help claw back lost child benefit","date":"September 9, 2017","format":false,"excerpt":"\r Earn between \u00a350,000 and \u00a360,000? By making a simple tax change you can legally save up to \u00a31,789 a yearThousands of families are failing to take advantage of a little-known quirk in the tax rules which means that paying more into your pension gives you more child benefit.Steve Webb,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/100000-back-call-to-compensate-women-caught-out-by-state-pension-rise\/","url_meta":{"origin":70944,"position":5},"title":"100,000 back call to compensate women caught out by state pension rise","date":"January 4, 2016","format":false,"excerpt":"\r Government changes meant some women were told they would have to work another 18 months to qualify less than two years before their retirement dateA petition to compensate women born in the 1950s who are facing a higher state pension age than they expected has gathered more than 100,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/70944"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=70944"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/70944\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=70944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=70944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=70944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}