Cash buffer?

GenX0212

https://forums.moneysavingexpert.com/discussion/comment/82082285#Comment_82082285

As the OP thats essentially where my post started. I have been spending from a cash buffer and needed to decide if/when to draw money from the pension instead.

I could keep spending from the buffer but I have been digging further into how my DC scheme (LifeSight) operates in drawdown and it actually seems incredibly simple. You enter an online form and ask for £X per month/quarter/year, enter a starting from date (allow 10 working days for payment), optionally also enter an end date. Once submitted you get an automated phone call to your registered number to confirm and that's it. So unlike some schemes with paper forms and slow processes it seems I can if I wish to manage my drawdown very dynamically. I have set up an automated payment for the next few months as a trial and if all goes well I might make requests more frequently and be able to adjust depending on how the pot is performing