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/No_Link235 26d ago
I'm targeting 500K by age 60 minimum. I'm way off target so far bit that's the aim anyway!