Taking TFLS "because you can..."

[Deleted User]

Depend on circumstances
If you are retiring to Spain, take it as it will classed as taxable income then stick in a ISA wrapper the year before you go, so it’s still tax free so you pay less savings tax on the dividends (which is what I am going to do)
If you have a partner do they have a pension, if not then you can gift them £2,880 pa if they aren’t working or more if they are into their SIPP and get tax relief.