Do you have more than one pension pot and have you got an idea of how much you have saved?
Are your pension savings enough to meet your retirement needs now and in the future?
Does your current pension provider offer you a Guaranteed Annuity Rate, a Guaranteed Minimum Pension, or any other valuable benefits? If they do, then it would be a good idea to look at these first to see what you would get.
- Do you know how much state pension you may receive?
Have you thought about when you’d like to retire and what you’d like to spend more time doing?
Have you thought about what might happen as you get older and the help and support you might need?
The amount you need in retirement depends on what kind of lifestyle you’d like during retirement. You can use our retirement income calculator to see how much your pension pot could get you at 55.
When can I retire?
You can choose when you want to retire, from age 55, as the days of a set retirement age no longer exist, and more and more people are working longer and taking a gradual approach to retirement. It’s worth considering when you will receive your state pension or private pensions when making a decision. Take a look at our retirement checklist to help you decide when the best time to retire for you may be.
The Government’s impartial retirement guidance will help you avoid the risks and think about what’s right for you.
Speak with us
Our colleagues in Cardiff are always happy to help with your questions or to help you apply for a quote.
0800 048 2446
Monday to Friday
9am to 5pm
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