We know that choosing when and how to take your BTPS pension is not an isolated decision. Your plans will need to take account of other pensions you or your partner may have. The State Pension and other investments you have will all need to be factored against the income you think you’ll need.
Different pensions may kick in at different times. You might be stopping work or carrying on and need to think about income tax. It is the combination of all these elements, together with your BTPS pension, that will help you plan and make the right decision for you.
