How long should I stay in drawdown?

Published by James Jones-Tinsley on

 

Covid-19 update: It is now possible to remain in drawdown for as long as you like, but for some people it will be more appropriate to move from drawdown at a particular age, in order to create a guaranteed income stream for the rest of their lives, as discussed in this briefing note.

 

Pension rules now allow individuals to remain in drawdown for life. However, as you get older, or if your circumstances change, it is important to look at whether drawdown is still right for you.

In our briefing note we ask and answer some questions that you should consider when reviewing your choices. To find out more, download the document below.