[Lampman]

It all depends what we are after,you could save wisely for the years ahead, or enjoy yourselves now! Quite a few people I know are selling up (posh word downsizing)and moving either abroad or to a cheaper home in the UK.The cash released gives them something of a financial cushion.
Speaking from personal experience,having been a member of Mr.Maxwell's unofficial piggy bank,I would say draw your pension early,pay off any debts and cut your cloth accordingly.
Though I realise many of us haven't this option!
I find I made the right choice along with a drastic change in career........you pays/spends your money and takes your chance.