Taking the pension with actuarial reduction or using savings(life) to cover the gap. I am in the position of wanting - no needing to retire. I want to go Xmas 2017 when I will be 55 and 6 months. I will have about 32/80 ths by then. I have managed to save enough to live on for 2 - 3 years. So my question is should I keep hold of my savings and take the actuarial reduction or use the savings and take the pension aged 58 ish. In good health generally. Just my mental health being affected by this job. Has anyone worked out the number of years until you are better off taking the pension later? Thanks for any suggestions/viewpoints?