On 24/02/2012 14:37, Andrew May wrote:

Getting of topic now but does anyone know what the recommended pension
pot is nowadays? £1m in the bank would produce something like £10,000 in
interest if you are lucky. An annuity, hopefully a bit better.

You can also take a drawdown pension which should yield more than an
annuity. The amount you can take depends upon the size of the pot and
the current Gilt Index Yield. Look at this page for more details and for
a calculator to help you estimate what you need, but bear in mind that
the rules and the Gilt Index Yield change.

http://www.invidion.co.uk/pension_fu...calculator.php

Colin Bignell