The one piece of advice I would give to anyone getting close to SP age is to look very carefully at the various pensions you have accrued over your working life. I have one from the early eighties worth £80000 or so with a guaranteed annuity rate that will give a £6000+ yearly income. The pension company has offered to buy it out for £120000. As I am pretty much ok, I am inclined to stick with the annuity. A few years ago I collected all my pensions together and my finanicial adviser told me to just leave this one as it was. The others he put in a new pension pot that has gone up and down with the stock market.
Jerry
Hifi: IPL transmission line floorstanding speakers, Squeezebox Touch, Denafrips Ares 11 DAC, DCB1 Pre-amplifier, Croft Series 7 power amp.
Custom Hifi cables HA10SE headphone amplifier and Hifiman HE-400 headphones.
AV system: LG 55B7, Denon AVR -x2300w receiver, Quad 12L (front) 11c Centre and 11L rear . Velodyne DD15 subwoofer.