How can I fund my retirement?

If you're approaching retirement, it's important to think about the options for using your pension savings to create an income in retirement.

Annuity vs drawdown – what's the difference?

Many of us have spent the last few decades planning and carefully saving for the things that are important to us, whether that’s life’s luxuries, our mortgages and bills, or our plans for the future. As we get older we might have different priorities, but our financial planning for retirement should be just as important.

Guide to buying an annuity

Deciding that an annuity’s the right choice for you is only the beginning. You still need to look around, find the right one and then buy it. We’re going to give you some key pointers to help you do just that.

What tax will I pay on my pension pot?

If you’re looking forward to retirement, it’s good to know the best way to take your money without paying too much tax on your pension savings.

Pension Tax Calculator

Our pension tax calculator can help you understand how much tax you might pay if you access your pension savings in one lump sum or over a few years.

How do annuities work?

Many people are looking for reliable ways of funding their later years. Perhaps you want to make sure the bills are covered for the foreseeable future. Maybe you’d like to fund those trips you’ve always dreamed of taking, or that hobby you’ve always loved so much. Or you might just want to top up your income when you switch to working part time.

Getting an annuity quote online

Learn all about annuity quotes and how to get an annuity quote in minutes with our helpful guide.

What is an annuity?

What is an annuity? We explain what annuity means and if an annuity is a good idea for you.

Father and son looking at vinyl records together

Should I retire early?

Should I retire early? Explore common reasons for early retirement, the pros and cons of early retirement pension options.

How to retire early

Early retirement brings a wealth of benefits, but there is also a lot to consider. We guide you through the process of how to retire early.

Can I opt out of my pension?

Can you opt out of your pension? We help you decide whether cancelling your pension is a good decision for you.

Retirement income calculator

Our calculator provides a helpful estimate of your potential retirement income. Knowing how much money you’ll have in retirement can help you plan when you would like to retire, and how you would like to spend your retirement.

Happiness in retirement

Thinking about retiring? We've been working with the Happiness Research Institute to find out what a happy retirement looks like. Find out how you can prepare financially.

Understanding guidance and advice

Download our free guide to understand the difference between guidance and advice, when you need each of them and how to get the most out of them.

Retirement income guide

Whether it’s working out what you have, understanding your options or thinking about your next steps, our free Guide to Retirement Income can help you on your way to a more colourful retirement.

Helping you understand your money better