Good Time/Bad Time

michaels

jonsav said:

Can someone tell me if now is a good time to take income from a pension, or is it not such a good time.
Although I have been contributing to a private pension for many years I have never given pensions much thought untill now when I can if I wish take an income.
However I am not sure if it is best to take the pension when interest rates are high, or when they are low.
any guidance on this would be most welcome.  Thank you

The most valuable market index, US S&P 500, is within a whisker of all time high

jamesd

And for anyone in or nearly in drawdown that means a good time to reduce US equity holdings and increase global equities and/or bonds.

Jon Guyton's sequence of returns risk reduction method based on p/e that improves expected returns will be signalling cut equities and increase bonds for US people invested mainly in the US. We're a more mixed bag but the cut US equities bit is still likely to be good.