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Supplementing Retirement Income

Supplementing retirement income

Comparing a lump sum with a drawdown facility for a £500 per month income shortfall.

Illustrative photograph for the scenario: Supplementing retirement income
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Client profile

Joint applicants, 71 and 69, essential expenditure exceeds pension income by roughly £500 a month.

  • · Meet a recurring income shortfall
  • · Avoid unnecessary interest cost

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Last reviewed 2026-09-13 · editorial

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