This factsheet is not personal advice. Please remember all stock market investments can fall in value as well as rise, so they should be held for the long term and you could get back less than you invest. Tax rules can change and the value of any benefits depend on your personal circumstances.
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How to generate income without drawing from capital
It's difficult to overstate the importance of investment selection in a drawdown pension - it's much harder to recoup investment losses when you're reliant on those same investments to provide income and you're no longer working or contributing to a pension.
To help, our factsheet explains different strategies for investing in a drawdown pension, plus:
This factsheet is not personalised advice. The value of investments can fall as well as rise so you could get back less than you invest.