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Five steps to retiring the way you want

What you do with your savings is an important part of planning for retirement, and there are some important choices to make. So we’ve broken it down for you into five simple steps, helping you make the most of your retirement options.

Step 1: What will you need?

  • Think about what you want your retirement to look like
  • Use our Retirement Budgeting Calculator to find out if you'll have enough income

Step 2: What will you have?

  • Check your State Pension
  • Track down lost pensions
  • Review how your pension savings are invested
  • Use our Income Estimator to find out what income you could receive from your pension

Step 3: Bridge the gap

  • Bring your pension pots together
  • Pay more into your pension
  • Defer your pension
  • Pay off debt

Step 4: Your options

  • Take cash from your pension
  • Pension drawdown
  • Annuities
  • Find out which option is right for you

Step 5: Let's talk

  • Check that you understand what you need to know
  • Remember to apply for your State Pension
  • Get in touch

Important information

This information is not investment advice or a recommendation for any particular product, service or course of action. Pension and retirement planning can be complex, so if you are unsure of the suitability of a pension investment, retirement service or any action you need to take, please contact Fidelity’s Retirement Service on 0800 368 6882 or refer to your financial adviser.

The value of investments and the income from them can go down as well as up and you may get back less than you invested. Eligibility to invest into a pension depends on personal circumstances and all tax rules may change. With pension products you will not be able to withdraw money until you reach age 55.

Pension Wise

The Government's Pension Wise service offers free, impartial guidance to help you understand your options at retirement. You can access the guidance online at www.pensionwise.gov.uk  or over the telephone on 0800 138 3944.

Get in touch

Contact our retirement specialists to discuss your options 

0800 368 6882


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Getting the retirement income you need

Getting the retirement income you need