I am considering taking full retirement at the age of 58 in August 2016. I begun phased retirement in September 2013. However I am undecided about whether or not it makes financial sense. I suppose I am a little concerned about having enough in retirement. I do not mean having lots of money but enough to live reasonably comfortably, take some holidays and pursue some hobbies. I swing between saying 'its the quality of life that is important not money', to 'will I be ok?. Quite a lot of the time I still enjoy my job but the increasing workload is taking its toll. By August 2016 I will have been teaching 35 years. I estimate that my pension, taking into account ARB and the fact that I have been taking some as part of phased retirement, would be about £16500 gross. I would probably have total savings of about £60000 which would include the lump sum. I am debt free and will be mortgage free too. There is also the possibility of redundancy next year. I have no direct dependants but a close extended family. Fortunately as I was within 10 years of retirement in 2012 I am not affected by the April 2015 pension changes. I do not really want to do supply after retirement but would be happy to do things like exam marking, invigilation etc.. for the occasional top up. I think I will be ok, but by nature I am not a risk taker!! Of course I may decide to carry on or reduce my hours. I do have this, I suppose irrational thing, about not working until I am 60, even though of course financially it does make sense. Fortunately I am still in good health but one never knows. As I get older I realise time is really the important thing. I would appreciate any advice or comments from others in a similar position or those who have taken the plunge. Any information about how you are managing would also be interesting to hear. Thanks.