Your retirement timeline




  • Understand what you need to save and ramp up your savings to hit your target.
  • Ensure any outstanding debts have been repaid.
  • Review your pension portfolio and consolidate any stray schemes where necessary to make them easier to manage.
  • Seek advice on transferring any final salary schemes to ensure you’re not giving away valuable benefits.
  • Contact Pension Wise for guidance on your pension options.
  • De-risk your investment strategy if you are taking an annuity in the next 10 years, otherwise maintain a long-term higher-risk approach.



  • Request a state pension forecast from the government and gather together statements for any other pensions you have.
  • Look at your future income and expenditure to determine whether your plans are achievable.
  • Continue contributing to your pension and Isas and consider carry forward to take advantage of previous years’ pension allowances.
  • Start sliding down the risk scale if you’re planning to take an annuity, but feel free to maintain the risk if you’re staying invested for the long-term.



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