Hello All This is my first ever posting on this Retirement forum, so be gentle... I'm actually asking on behalf of a friend of mine. No, it's not me, honest. I said he should register on this site and ask the question himself, but it's not really his cup of tea. I confess I've been too lazy to search this forum and dig up the exact answers to these questions. My friend is 51, and is currently doing long-term supply. He's been doing that for years now. He has had full-time teaching posts in the past, but for the usual reasons has opted to do supply instead. I'm not sure about this, but I think he would only have contributed to his pension while he had his full-term posts. He'd like to take his pension as a lump sum, as soon as he can. He's not exactly in the best of health, and expects to live to about 70. He said he'd be delighted to get to 75. He does have rather a "live for the moment" mentality. He rents privately, with his missus. I don't know if that's relevant, but anyway. I mentioned to him that he might have to be a bit careful about taking the lump sum, as it could be taxed if it goes beyond some threshold. I'm not in any way an expert, but I think that's what happens, from what I've read on various websites. (The situation doesn't apply to me, so I haven't taken a huge interest in the matter.) Is there any advice to give him? Are there any pitfalls he should watch out for? Thanks everyone in advance.