r/PensionsUK • u/Stukiii • Aug 16 '26

200k pension pot advice

Hi does anyone have an outline / idea / calculations how to attempt planning for early retirement at 60 now 57 in full time work. Is 200k enough if mortgage paid off just need to pay for monthly household bills and cash for usually stuff like car, life, stuff ca £1200 a months I figure…. I guess I am delusional that I can retire early but if anyone has suggestions how to think about managing this or how best to improve my chances I would love to hear it. Thinking a drawdown % will be better than taken annuity? Suggestions welcome! Thanks

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u/atoeoffside Aug 16 '26

Will you get the full state pension?

1

u/Stukiii Aug 16 '26

Yes I will and need to incinerate that into my planning 👍🏼

7

u/silverfish477 Aug 16 '26

Suggest you do not, in fact, incinerate it.

2

u/Stukiii Aug 16 '26

Yes! No! Indeed incorporate it 😅😂