Pension portraits - picture this - your portrait

1. Think about what you won’t be doing any more – like going to work. So you might not have costs for commuting or buying clothes for work. Might you have paid off your mortgage? And of course, you wont be paying pension contributions.

2. Think about the things you want to do when you’ve got time. There might be new costs – like more holidays, or equipment and subscriptions for sports and leisure activities.

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Retirement Routes: Timing

Over the past few weeks, our ‘Retirement Routes’ series of blogs mapped out the different options you have for taking your retirement benefits – guaranteed income (annuity), flexible income (drawdown), cash, or a mix-and-match of the options. This week, we’re looking at the all-important question – ‘when?’ In this blog: When can you take your […]

Retirement Routes: Mix your options

Over the past few weeks, we’ve explored a variety of ways you can use your retirement savings. There’s the option to get a steady pay check every month (an annuity), choosing a plan that lets you decide how much money you take out and when (drawdown), or simply cashing in parts of your pension pot […]

Retirement Routes: Cash

Last week we looked at flexible income (or drawdown), along with the advantages and things to consider when going down the flexible income route. This week, we’re looking at cash. In this blog: What does it mean to take your pension pot as cash? Depending on what your pension provider offers, you may be able […]

Pension portraits – picture this – your portrait

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Retirement Routes: Timing

Retirement Routes: Mix your options

Retirement Routes: Cash

Take our lifestyle quiz to understand more about what kind of lifestyle appeals most to you	Use our handy Budgeting for retirement planner to understand what you spend now and how this could change after you’ve retired.	Check out Your retirement vision on our Aspire to Retire Resource Centre for more about visualising your dream retirement.