If you’re thinking about cashing in your pension at 35, there are a few things you need to know. pensions are designed to provide income in retirement, so if you cash in your pension early, you could be missing out on years of growth. Additionally, you’ll likely have to pay taxes and penalties on the money you withdraw.
Before making a decision, it’s important to speak with a financial advisor to see if cashing in your pension is the right move for you.