Planning for retirement
Important information: You can normally access money in a pension from age 55 (57 from 2028). The information on our website isn't personal advice. The government's free and impartial Pension Wise service can help you and we can offer you financial advice if you’d like it.
Preparing for retirement
If you’re aiming to retire soon, you need to start planning how you’ll make it happen.
First you need to understand your retirement options and the logistics, including what you can do with your pensions. Once you’ve got the knowledge, you can be confident in your plans and retire on your own terms.
Fifties retirement planning
Your fifties are the perfect time to get your pension pot and retirement plans in sync. There’s a chance your earnings are at their peak and you’ve paid off some of your biggest expenses, like your mortgage.
Semi-retirement
Rather than stop work completely and fully retire, you could choose to reduce your hours first and gradually phase out working life. This is known as semi-retirement.
Becoming increasingly popular, we look at six tips for those considering semi-retirement.
Taxes in retirement
A lot can change when you retire. Our guide to taxes in retirement can help you understand what retirement might mean for your allowances and taxes.
