SIPP advice for self employed

[Inlimboin50s]

I was just wondering if this sounds ok and allowed.

I'm 52,self employed for 25 years and working as a private cleaner for the last 10.
Single parent with youngest now at college,not dating and can't see myself ever living with a partner after two failed marriages.
I opened a Sipp three years ago and put in 15k.
At 67 I am happy to live off state pension. May have inheritance in the future,both parents healthy at 80 but I don't want to rely on this.
Mortgage on my terrace paid off two years ago.
If I save ,say 50k in the next 10 years,I'm thinking at 62 I can take 20% tax free and live off that for a year and take the rest to take it up to the age of 67? So then state pension comes in and my Sipp has gone.
I'm frugal now,just not sure I can keep going till 67.
Will they allow me to do this? I'm with Legal and General.

Yes, that’s my plan - live off my SIPP from my chosen retirement until official retirement age.

The rules over pensions might change but it’s likely not to change too much for your level of SIPP investment even if the name of the pension ‘wrapper’ changes.

The amount you add should grow over time and you can take out 25% tax free as a lump sum or take out what you want to live on for that year with 25% of that tax free and the rest taxed at your nominal rate.

If you are not earning anything (or not earning more than the personal tax allowance, currently £12570 a year), then you’ll only pay tax when your earnings and SIPP withdrawal goes above that (plus you can have the 25% tax free portion of the SIPP).

Good luck with your early retirement!

Thanks so much for the info.
I've been a bit cautious paying in to it as another question is how do I go about getting it out? Is it just a matter of sorting it online on my account or sending a letter with ID ?
I have an image of them saying no,you have to be 67 but looks like my idea could work.
Thanks again

Watch out for the 25% tax free disappearing in the October budget though, not sure you can rely on it with current government.

Assume you have checked that you will get full state pension at 67?

Yes,state pension all up to date.
I'm going to try and have 10k a year from 62 to 67.
Theres a calculator on the L&G site so I'm now looking at that. I need a lot more to receive 10k a year for those 5 years soon going to really start saving.