What happens if I take more income than the calculator suggests?
Find clear, straightforward answers to common questions about pensions, retirement planning, investments, fees and charges, and the services we provide.
Taking a higher income increases the risk of your pension running out sooner, particularly if investment returns are lower than assumed.
Also In this section:
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How accurate are pension drawdown calculator results?
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Does the calculator account for inflation and investment growth?
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Can I use the calculator if I haven’t accessed my pension yet?
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What happens if I take more income than the calculator suggests?
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Does the calculator include tax on drawdown income?
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Can I change my drawdown income once I’ve started?
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How often should I review my pension drawdown plan?
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Should I get financial advice before relying on drawdown income?
