Should the extra income come from your pension or your home?

If you want to lift your income in retirement, the money can come from drawing harder on a pension pot or from releasing equity in your home. They behave very differently. This is a high level comparison to frame the choice, not a recommendation. Pensions, tax and equity release are all areas where personal advice changes the answer.

Extra income you want (£ per month)

For how many years

Remaining pension pot (£)

Equity release rate (% per year)