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When it comes to consumers and their saving habits in the United Kingdom, more and more people are looking to free some extra cash when retirement looms. However there are some that, for whatever reason, may require it before they reach the mandatory UK retirement age. This could be for a number of different reasons, from buying a new property in the sun to going around the world. In addition to this, some have put their money away in a wide variety of financial products such as fixed rate saver accounts. Having locked your money away for up to a period of 5 years, this means you have the opportunity to access these funds for your own specific needs. However, these types of accounts are not suitable for everyone - for instance, if you need immediate access to your funds or require it for home or something similar then withdrawals are not allowed with these particular accounts. In this way it is up to the individual at the end of the day but if you can wait up to a period of between 3 and 5 years you will also be able to profit from your savings. Meanwhile, there are a host of other options available to you when it comes to obtaining extra money. You could even clear out your attic in order to find some prized goodies. Who knows - you may discover a priceless antique that you can sell which can go towards your savings not to mention cashing in on your old clothes or devices. There are several sites that exist on the web where you have the chance to take advantage of selling your old tablet devices as well as mobile phones which could come in handy. Recycling sites are all the rage and whether you have an old mobile handset, a laptop or a computer you could make some additional money from this. The process is a simple one - normally you can pack it into a box which is largely thanks to a free courier service will pick up. You can even get rid of things such as old CDs as well as clothes to some sites who will gladly take them off your hands. This ensures that not only you are de-cluttering accordingly but are profiting from your old goods which will certainly stand you in good stead. Yet with interest rates so low at the moment we are all aiming to make out money work harder than ever before. If you really want the best advice as far as pension unlocking is concerned then it is best to go to an independent financial advisor who will have the ability to offer guidance on a host of services in this field. Although we can withdraw funds from the age of 55 in certain circumstances, it is better to wait till you are much older. This is because not only will your pot be larger but your funds stand better chance of remaining instead of dwindling away. Therefore, think carefully before you decide to withdraw your cash fund and if in doubt seek advice or do your research before you commit to any key decisions of this nature.
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