BONUS EPISODE: "I've often said that I retired when nobody wanted me anymore"

In this bonus episode, we hear from PensionBee customer Nigel. Now 76 and retired, he spent decades commuting into Central London, raising two children, and telling himself he'd sort his pension "someday". A bad experience with an active fund manager and an IFA changed all that - and a tip from his son led him to PensionBee.

We unpack Nigel's pension journey with pensions expert Dani Skerrett from PensionBee, covering the tax benefits of saving into a pension, when a financial adviser is (and isn't) worth it, how to think about how much you actually need in retirement, and what life in drawdown really looks like day-to-day.

Episode breakdown 00:48 Meet Nigel

03:19 The tax benefits of saving into a pension

06:47 Should you use a financial adviser?

12:11 How much do you actually need for retirement?

16:12 Nigel's life in retirement

Further reading and listening  To learn more about the topics discussed in this bonus episode, check out these articles and podcasts from PensionBee:

E43: Who wants to be a pension millionaire? (Podcast) E37: The easiest way to retire with more money (Podcast) 4 smart ways to use your ISAs in retirement (Blog) Independent Financial Adviser fees on pensions (Article) What is a crystallised pension? (Article) What is flexi-access drawdown? (Article) What is the 4% rule for withdrawals in retirement? (Article)

Other useful resources Pension Calculator (PensionBee) Retirement Living Standards (Pensions UK) Taking money from your pension just got simpler with Automatic withdrawals (PensionBee) The new State Pension (GOV.UK)

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