Is 2026 a good year to retire?

Comments · 70

• AF

  @aficio698 · 8 months ago

  We are told to spread “risk”. <br>Do the same in retirement.

  11

• JO

  @jonathanfarmer7109 · 5 months ago

  As someone whio is 10 years away from state pension age this channel is invaluable.

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• RE

  @realest-12 · 8 months ago

  If you have enough money...retirement is always a &nbsp;good idea

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• PH

  @Philip-lk5db · 8 months ago

  Retire as soon as you can, as you can&apos;t control what happens in the future. The only thing you can control is what you do every day and have a action plan for anything that comes your way.<br><br>Life is short so live it.

  34

• AD

  @ademcguinness8132 · 8 months ago

  Surly Sequencing risk (which is what this really is about) is only a really significant risk if you are wholly dependant on an annuity for your retirement and take 100% of the pot to buy that annuity at a &quot;worst time&quot;. Today in the UK flexible drawdown means you can moderate your withdrawal in the bad times and allow your pot time to recover. ISA&apos;s and cash savings help in these instances.

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• SH

  @shanef8728 · 8 months ago

  im 63 &nbsp;being made redundant with a six figure package in march along with defined benefit pension and av c worth 180k so yeah its a great year for me to retire!

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• DB

  @DB25k · 8 months ago

  Absolutely fantastic brilliant advice and gives everyone a better understanding in pension decisions. .....

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• MA

  @madmcadder4536 · 8 months ago

  Very good. 👍

• RO

  @rob0270 · 8 months ago

  Using an annuity for some pension income pre State Retirement Age, with a Guaranteed Minimum Future Value is a &apos;hedge&apos; I am looking at regarding a downturn in my pension pot immediate post retirement, as opposed to de-risking the portfolio per se. Thinking 20/25% of pot into a 10-year annuity and keep the rest in a reasonably risky portfolio for drawdown. Surprised there isn&apos;t more comment on mixing methods of drawdown, as opposed to &apos;annuity&apos; vs &apos;drawdown&apos;. Good video this, but as with most videos on this topic, there is never any discussion about savings held, &nbsp;downsizing, inheritance etc. The &apos;pension&apos; is not going to equal &apos;retirement income&apos; for most (fortunate) people.

  2

• CA

  @caparn100 · 7 months ago

  I’m 61 and will get my State Pension in six years. I already have a DB pension, so for now I’ll take only modest SIPP drawdown to stay within basic-rate tax, move surplus cash into ISAs, and use cash savings to top up my spending. Later on, I expect to use around 25% of my SIPP to buy an annuity for extra guaranteed income, and if markets are weak I’ll simply spend less and reduce SIPP withdrawals to manage sequencing risk.

• BR

  @brefnejowers9747 · 8 months ago (edited)

  Be interesting to consider the sequencing risk v not using the personal allowance by relying on savings in a correction. (No state pension for 6 years and savings in ISAs).

• ST

  @stevegeek · 8 months ago

  If you waited for the &quot;perfect&quot; time to retire, you never would! <br>I crunched the numbers 2 years ago and realized I could afford to retire early, so I did. I&apos;m happy drawing down from my with my SIPP, with 60% equities + 40% fixed income / gold / cash allocation, which allows me to sleep at night but also gives reasonable growth (15% pa since I retired). If / when we get a market correction, I&apos;ll rebalance back to 60% equities (aka &quot;buy the dip&quot;).