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Jamie Kyte, Chartered Financial Planner and founder of When Can I Retire?, drawn in clay relaxing in an armchair with a cup of tea
Jamie Kyte APFS, Chartered Financial PlannerJamie Kyte APFSChartered Financial Planner
How the 25% tax-free pension lump sum works: a pie with one quarter lifted out
Pensions · 19 October 2026

How Does the 25% Tax-Free Pension Lump Sum Work?

You can usually take 25% of your pension tax-free, up to £268,275. How it works, why taking it in stages could save tax, and the mistakes to avoid.

State Pension age calculator: a clay calculator showing the words State Pension

State Pension Age

Your exact State Pension date.

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Pension projection calculator: a piggy bank labelled pension, for working out what your pension pot could grow to

Pension Projection

What your pot could grow to.

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State Pension forecast: an alarm clock beside a calendar with a date circled

State Pension Forecast

How much you could get.

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Pension reviews

The best pensions, rated

1 reviewed, 9 coming soon

Best overall SIPP: a price tag with a padlock, representing a flat platform fee
Best overall SIPP

Interactive Investor

Fees5/5
Full review coming soon
Best low-cost SIPP: a stack of coins with a downward arrow
Best low-cost SIPP

Vanguard

Fees5/5
Full review coming soon
Best all-rounder SIPP: balanced scales
Best all-rounder SIPP

AJ Bell

Fees4/5
Read our review
Questions

Frequently asked questions

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Who is Jamie Kyte?

With over a decade of professional experience in the financial sector, Jamie is an award winning Financial Advisor. With millions of video views on TikTok under The Retirement Guy pseudonym, Jamie is a thought leader on the topic of pensions and retirement.

Who owns When Can I Retire?

When Can I Retire is a trading name of The Retirement Guy Limited which is a privately held company registered in the UK.

Can you give me financial advice?

When Can I Retire is a personal finance website that produces articles and videos to help educate and inform consumers. It does not provide financial advice.

How do I get in touch?

For any questions or enquiries, please email us at hello@whencaniretire.co.uk.

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