Planning my retirement

‘When can I retire?’ is something we all ask ourselves at some point. There’s no set age but it does depend on whether you’re eligible for the full state pension and how big your pension pot is.

We all like to dream of an early retirement. But whether you can afford to retire at 55 depends on a number of factors like the size of your pension pot. Here’s some of the key things you need to think about.

The key to a successful retirement plan is having a clear financial picture. In addition to forecasting your pension income, learn how to work out your outgoings and put together a retirement timeline.

You’re in the sandwich generation if you’re approaching your own retirement while caring for an elderly parent and financially supporting your adult children. Read our guide to help you cope with these double pressures.

It pays to be clued up on tax in retirement as it could save you money and make your retirement income go further. Find out how to make sure you’re not overpaying or under-claiming tax allowances.

The Pension Lifetime Allowance is something most of us won’t need to worry about. However, if you have a substantial pension pot it’s worth understanding the tax implications and how to protect your allowance.

Boosting pension income is a topic people begin to think about as they get closer to retirement age. Read more about possible ways to increase your pension pot to make sure your retirement is a happy one.

Wondering whether you should continue to work when you retire? Read more about the benefits and decide whether it’s right for you.