The £50,000 Pension Mistake Most People Make

Think taking your 25% tax-free pension lump sum is a no-brainer?

It might seem like common sense — but for many, it quietly costs them flexibility, tax efficiency, and future options.

In this video, I break down why taking all your tax-free cash upfront could be a mistake — and show a smarter way to retire with more control, less tax, and better long-term outcomes.

I’m Toby, a Chartered Financial Planner in the UK.
I help people make confident retirement decisions without all the jargon.

👀 Watch to learn:

Why using UFPLS might give you more tax-free cash in the long run
How to bridge the income gap without wiping out your flexibility
What planning — not just advice — really looks like

00:00 - Should You Take 25% Tax-Free?
00:26 - Why That Might Be a Mistake
01:06 - The Real Story
02:01 - Advice vs Planning
02:39 - His Situation at 62
03:21 - Option 1: Lump Sum Strategy
03:59 - Why It Falls Short
04:12 - Option 2: UFPLS Strategy
05:21 - Side-by-Side Outcome
06:10 - Bonus: If the Pot Grows
06:32 - The Real Takeaway
06:59 - Final Thoughts

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📈 Disclaimer: This video is for informational purposes only and does not constitute financial advice. Consult with a qualified financial advisor for personalized guidance tailored to your specific situation.