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Retirement planning

It's worth taking some time to think about what lifestyle you want in your later years

No matter how far off your retirement might seem, whether you're planning to retire, keep working or something else entirely, having a plan in place that you come back to and modify over time can help you get closer to having a colourful retirement.

Go&Save

If you're more than 10 years away from retiring then this section is for you. It doesn't matter whether you're a money newbie or a money master, we've got some useful information, tools and simple 'jobs to do' to help you make your savings work for you and keep you on track in our Go&Save section.

It's useful to have an idea of what different lifestyles might look like and how much they might cost. We have some simple tools to help you.

There are many ways you can save for your retirement. If you're new to pensions, we've put together an introduction to get you up to speed.

The State Pension is an important part of planning your retirement. Find out how it works and where you can find out what you'll get and when, in this short guide.

Your pension needs some love in order to get you to your goal but it needn't be time consuming. Find out more about the 'key jobs to do.'

Keeping your pension savings in one place could make them easier to manage but it might not be right for everyone. Find out what to consider.

Planning your retirement is probably the most important aspect of financial planning for you to consider. Our free course with The Open University will help.


Go&Retire

If you're less than 10 years from retiring, this section is for you.

It's never too late to take stock of your money, make changes or even start your retirement plan, so head over to our Go&Retire section for useful information, tools and activities to help you firm up your plan so you can go and have a colourful retirement.

It's time to start firming up what your retirement is going to look like and what lifestyle you can afford. We've got some hints, tips and tools to help you.

You'll need to take stock of your retirement finances to work out when you could retire and the lifestyle you'll have. Complete some activities to create your retirement budget.

It's time to start firming up your plan, looking forward to how the next phase will work for you. In this short guide we'll help you break it down into the key phases.

Keeping your pension savings in one place could make them easier to manage but it might not be right for everyone. Find out what to consider.

Choosing when and how to take money from your pot is one of life's big decisions. Find out the main ways you can take an income or lump sums from your pension pot.

There may come a time when you need extra income to top up your pension or spend on something you need. Your home could be that source of income when you need it most.

As you get older your needs may change. Thinking about this in advance could help make your later years just as colourful as the decades that came before.


Tools and calculators

Register or log in to Manage Your Account, a simple way to keep track of your pension savings.

Use our tool to think about what your expenses in retirement might be, and how much they could add up to.

Use our retirement planning tool to experiment with the income you could achieve in retirement.

Use our quick tool to see where your money goes and where you could make small changes to free up a bit of extra cash.

Midlife can be busy, but it’s the ideal time to reflect on your wealth, work and wellbeing. Our new free course with The Open University will help.

Planning your retirement is probably the most important aspect of financial planning for you to consider. Our free course with The Open University will help.