Living off pension drawdown

RandallFlagg

Nitefly said:

RandallFlagg said:

So, is it feasible to take the £30K tax free lump sum from my preserved DB (final salary) pension along with starting to taking the annual payments from at age 55, while still working and having my employer and myself pay into my other DC pension until I retire from working?

Be aware at your annual payments from the DB scheme will be taxable, probably at 40% given what you said earlier about current salary.

Yes it will be until I stop working.