I have taken some advice and I think I know what I'm going to go, just interested to hear views.
I have recently stopped work. I have a small unearned income, c. £10k pa and substantial savings and investments. Currently I am spending c. £12k pa from savings, and with very low fixed outgoings, this gives me a very nice life, including all the travel and hobbies I want. If there was a one off big trip I wanted, I could also take that from savings without any trouble. Savings are such that I could continie to draw like this for the rest of my life even if I live well into old age. Although obviously inflation would mean £12k pa isn't as much as it is now, and potentially i may want something for care later.
However, I won't need to draw savings for life because I have an occupational pension that I could take in full in 4 years, just over £20k pa. Or I can take it now with a reduction, on a sliding scale.
My state pension isn't due for another 11 years.
So, would you continue spending savings or take the pension early?