As the pension funds have been under performing for decades, I've lost faith in the ability to be able to retire in comfort. So this week I've been able to draw 25% of my funds tax free and to invest/risk them in a venture with a partner.
My view is that I've nothing to loose, but everything to gain if we try.
In every recession there are winners and losers and we feel we have an idea that will work best started in a poor economic climate.
So this week I'm feeling quite elated as I've formed a limited company with a partner and become a director... not bad for a poor performer at school:)