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Learning outcomes

After studying this course, you should be able to:

  • estimate how much money you’ll need in retirement

  • understand how pensions – including the state pension – work and how much income they will offer in retirement

  • understand the different options for taking money from pension pots and the pros and cons of each choice

  • understand the options available should your pension income not be enough to match your plans and lifestyle in retirement

  • understand how events such as divorce and bereavement can impact your retirement finances and learn how to deal with them.

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OpenLearn - Retirement planning made easy
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