Preparing for retirement
New rules introduced in April 2015 give you more freedom over what you can do with your pension pot. Deciding what to do can be tricky.
In the retirement income options tool we explain what you need to think about. This includes what income you’ll have, how much you’ll need and how long your money needs to last. You’ll also need to consider risks to your income, tax and inheritance.
You can then explore your pension pot options and use our tools to try out different scenarios to see what’s right for you.
Finally, there are some practical next steps and resources to help you plan for a comfortable retirement.