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Moving into retirement

Even if you’re planning to start retirement gradually, by cutting down on your hours without walking away from work completely, it’s still a big step. You could be making decisions about your main source of income for the next decade or two – or even longer.

Important information - please remember that the value of investments and the income from them can go down as well as up, so you may not get back what you invest.

It can make sense to have a flexible plan – one that reflects the way you want to spend your time, but also has the ability to respond to new opportunities and challenges.

Think about what you want
See where you’ve got to
Find out what your income options are
Consider moving your pensions
Be wary of scams
Speak to a specialist
Finally, please don’t rush

Important information

Tax treatment will depend on your personal circumstances and tax rules may change in the future. You can’t normally access money held in a pension until the age of 55. This information is not a personal recommendation for any particular product, service or course of action. Pension and retirement planning can be complex, so if you are unsure about the suitability of a pension investment, retirement service or any action you need to take, please contact Fidelity’s Retirement Service on 0800 368 6891 or refer to an authorised financial adviser.

Get support with your plans

There are some big decisions to make at retirement. Our retirement specialists are on hand to help. You can call us on 0800 368 6891. We’re open 9am to 5pm, Monday to Friday. 

The Government offers a free and impartial guidance service to help you understand your options at retirement. This is available via the web, telephone or face-to-face through government approved organisations, such as The Pensions Advisory Service and the Citizens Advice Bureau. You can find out more by going to or by calling Pension Wise on 0800 138 3944.


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