We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
early retirement options
Comments
-
I retired this year at 56 (reduced pension) and after a lot of thought went for the smaller lump sum and higher anual pension. In my case (not sure about you) my wife still gets half of my unreduced pension based on the large anual pension even if I had chosen a small anual pension and larger lump sum.0
-
I would go for smaller lump sum, higher pension and between now and retirment stuff a PP/sipp or avc with as mucha s you can- this will give you more lump sum for then or later0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards