Who wants to be a Retirement Millionaire?
Although (hopefully) readers here will be aware that they don’t need an enormous pension pot to retire; reaching a cool million still remains the goal for many others. What better feeling than hitting that 7 figures? However there are several things to consider before you get knocked over with a huge tax bill at the end. As the pension freedoms were introduced back in April, there also came a controversial announcement of a reduction in the lifetime allowance – from…