Let’s start with what you can’t control.

TR plan.

If your plan is to take out an annuity, it’s out of your control as you do not what rate you will be offered when your retire. It could be.

Canada Life figures show the 65-year-old with a £100,000 pension pot could buy an annuity linked to the retail price index (RPI) that would generate a starting annual income of £3,896. That’s up from £2,195 in the New Year following a 77% spike in rates this year.
Oct 22

It could be more or it could be less, a huge gamble which will effect the rest of your life.

Using the 4% rule, recent studies state that 4% may be too high but we will go with the figure. Again you can’t control the final amount you will have in your portfolio.

Latest comparison if your plan is for the tail and not the body, you fail by the month with a dividend re-investment plan.

The snowball

2025 Income £9,120.00

Dividend total for the quarter ending 30 Sep £9,794.00. Do not scale to reach an end of year figure as it includes a special dividend from VPC.

Comparison share VWRP £145,534. Not too shabby but a ‘pension’ of £5,821 using the 4% rule. The figure could be higher at the end of the year or it could be lower.