Retirement

Retirement

When you retire, you give up the regular income from your job and it is replaced by a state pension and if you have made provision for it, a personal pension.
Financial Considerations

There are different ways to fund your retirement from government support to private pension schemes and equity release.

Housing

At some point, you may want to move to a smaller home, perhaps one that is cheaper to maintain or one that is nearer to your family and friends.

Paying for Care

You may come to the point where you have to consider some sort of care facilities — either in your own home or in a residential home.

Passing on Your Wealth

It is important that you plan how to pass on your wealth to avoid disputes and to make sure that your dependents are taken care of.

Planning for Retirement Advice Guide

A useful advice guide summarising the key information and advice in this section.