How difficult is it to perform your own Drawdown

Skinnydad

zagfles said:

Why not just take £5k PCLS, leaving the other £15k to be spread over a year and 3 months, same end result, just you're taking a bit more PCLS up front. You can still draw from the taxable part at the exact same rate, eg £1k a month, so the tax situation should be the same.

So instead of crystallising £16k every year taking £4k PCLS then £1k a month taxable, you crystallise £20k every 15 months, taking £5k PCLS and taking £1k a month taxable.

Thanks Zagfles, this sounds very workable and would result in the same end goal.  Just over 1K a month  after tax.

Thanks to everyone for their input and patience..