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.

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 an expert
Finally, please don’t rush

Other life moments

Setting up a business

Working for yourself can be an amazing opportunity to spend your time doing what you want. But it can mean new challenges as well. Here are some ideas to help.

Find out more

Getting a new job

Changing your job can change your life for the better, as long as it’s the right decision for your situation. We have some ideas to help you explore the opportunities.

Find out more

Important information
The value of investments can go down as well as up, so you may not get back what you invest. 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 3686890 or refer to an authorised financial adviser. It’s important to understand that pension transfers are a complex area and may not be suitable for everyone. Before going ahead with a pension transfer, we strongly recommend that you undertake a full comparison of the benefits, charges and features offered. To find out what else you should consider before transferring, please read our transfer factsheet. If you are in any doubt whether or not a pension transfer is suitable for your circumstances we strongly recommend that you seek advice from an authorised financial adviser. If you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser.