It’s important, particularly if you’re 10 years or less from your Target Retirement Age (TRA), to ensure that your Lifestyle Account is invested in a way that reflects your circumstances and the way you want to use the money in your Lifestyle Account.
If you haven’t done so already, you need to ask yourself a couple of key questions.
Do you know how you plan to take your money?
Why is setting your Target Retirement Age important?
Your TRA is the age when you think you are most likely to use the money in your Lifestyle Account. When you join the Plan this is automatically set for your 65th birthday.It’s important that you think about whether this is the right age and if not then to change this to the age that suits your personal circumstances. You can change your TRA by contacting the helpline on 0345 678 0297 or by completing the Target Retirement Age form