Choosing when and how to retire is a luxury many of us look forward to, but the choice of lifestyle you live in retirement often comes down to how much you've saved during your working life.

The earlier you plan your retirement the better your chances of living the life you want when you retire and could help to give you the confidence that your money will last as long as you need it.

You and your retirement


The sooner you can start planning for your retirement the more time your savings have to grow. You're never too young to consider the lifestyle you want to achieve when you retire giving you the time to work towards meeting your future financial goals.

Approaching retirement

As you get closer to retirement age, the capital you've built up during your working life may need attention. Reviewing your pension, and other investments and savings, to ensure you're on track to achieve your goals will allow you to make changes if needed.

In retirement

Choosing how and when to access the funds that you have accumulated during your lifetime requires careful consideration. Enjoying your retirement should be balanced with making sure that your money lasts as long as you need it.

Pension essentials: things to consider

Are you taking full advantage of your employer's workplace pension scheme? Do you know how to find any lost pensions? And do you know what kind of lifestyle you want to live in retirement and how much this will cost?

These are important questions to consider and so we have provided links to useful websites and tools that could help as you prepare your retirement plans.

Schroders Personal Wealth Retirement Report

The current economic climate means that retirement is further away than many had previously hoped. Our research shows that 67% of respondents are worried about the impact of the cost of living crisis on their retirement, yet 63% had not spoken to a professional financial adviser.