How long will a £300,000 pension pot last — a strong base for early retirement.
How long does a £300,000 pension pot last in drawdown? See sustainable income scenarios, the 4% rule, and combined income with the state pension.
£300,000 produces £12,000/year at the 4% safe withdrawal rate, which combined with the full state pension of £11,502 gives a total before-tax income of around £23,500/year. That's comfortably within the PLSA 'minimum to moderate' retirement band for an individual. For couples where both partners have pots and full state pensions, household income at this level becomes substantially higher. The pot at this size is also large enough to support a meaningful early retirement — drawing £18-20k/year is typically sustainable for around 18-20 years, long enough to bridge a retirement at 55 through to age 73-75 with the state pension layering in at 67. Use the alternative income scenarios in the calculator below to model your specific drawdown plan.