I know there is some great advice on here so all comments welcomed. Some of you will already have seen my dilemmas! I've left teaching at 56 with 33 years pension and secured another full time job which will keep me busy and cover the bills ( not what I was earning but not the workload either! ) My question is whether I should draw my pension now and enjoy the benefits or hold off for less ARB . I'd always thought it was better not to take the pension but I'm wondering whether to take the pension and enjoy the extra money each month . Still have a mortgage so this would help to get the last bits of debt and mortgage paid off before I stop working ....and would make my pension and lump sum go further . Go on....tell em what you think!