Skip to main content



Step 4: Arriving

The next chapter of your life is just around the corner – it’s time to make the most of your pension. Plan your retirement here.

Older couple walking with ice cream_Banner_Block_1280px

If you’re at this stage of your retirement planning, it’s likely you’re 12 months or less from your selected retirement age and are looking to take your money. You’ve worked hard and have put some of the money you’ve earned into your pension – now’s the time to make decisions to enable you to enjoy the next chapter of your life.

You should consider how and when you want to retire, so that means taking time to think about things like:

  • How much money will you have? 
  • How long will it need to last?
  • Is your chosen retirement age right for you?
  • How much your State Pension could be?
  • What are your options? 
  • What your life will look like in retirement – how will you spend your time? Does your chosen retirement option work in line with your plans?

It’s a really good idea to get guidance at this stage if you haven’t already done so. Pension Wise, part of the Money and Pensions Service, is a free and impartial service backed by the government who will help you make sure that the decisions you’re making are the right ones for you. You can book an appointment once you are aged 50 or over.

You can also choose to receive personalised advice from a financial adviser. You can find one in your local area at

If you don’t wish to find your own adviser, we have teamed up with LV= who provide a telephone retirement advice service. You can find more information on the Advice at retirement website.

Advisers usually charge for their services. You may be able to pay for financial advice directly from your pension pot. Ask your financial adviser for details. 

husband_and_wife_business_owners_in_aprons_square&circle_720px Planning your retirement » How much money will you have? » Your State Pension » How long your savings will need to last » If your plans change » What happens if you die after retiring »
family_meal_grandmother_centerstage_square&cirle_720px Your options for taking your money »
four_generations_on_farm_square&cirle_720px Investing in retirement »
planting-sapling_Feature_box_355px Pension Wise »