How to retire early
7 tips to help get you on track for an early retirement
Many of us dream of retiring early, but how can you turn that dream into a reality?
Our guide offers 7 tips which could help. It explains:
- How much you should consider paying into your pension
- How to boost your pension saving with tax relief from the Government
- How to track down any pensions you’ve lost
- What options you have for taking money from your pension
This guide isn’t personal advice. All investments can fall as well as rise in value, so you could get back less than you originally invested. Money in a pension isn’t usually accessible until age 55 (rising to 57 in 2028). If you’re unsure what’s right for you, seek guidance or advice. Please remember tax rules can change and the value of the tax benefits will depend on your circumstances.
The Government's free Pension Wise service can help. It provides impartial guidance face-to-face, online or by phone - more on Pension Wise. Our advisory service offers one-off and ongoing financial advice which could help you to reach your goals.