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Confused about your pension? What to do with £300,000

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In the third of a series on what to do with your pension money now you don't have to buy an annuity, we look at the options for a man retiring with a sizeable pot

It sounds like a huge amount of money of a size that would leave anyone comfortably off in their later years. A £300,000 pot is 10 times the median sum the typical person in a private pension has saved over their lifetime. So what should you do with it if you are in this bracket? Each week we have put this question to a variety of financial advisers, and asked readers to contribute their thoughts, too.

We gave our financial advisers a few more details about our case study with £300,000 let's call him Arthur in that he and his wife also qualify for the full state pension, and his wife has her own final-salary based pension worth £5,000 a year.

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