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• Nearing retirement

  Nearing retirement Preparing your finances for retirement What you can do with your pension pot Pensions - income drawdown

• Preparing your finances for retirement

  you’re 55 - you should check this with your pension provider. You might be able to get your pension sooner if you’re retiring due to ill health. Checklist of things to do when you near retirement It's

• Pensions

  Pensions Types of pension Starting a pension Nearing retirement Get ready for your Pension Wise appointment

• Debt and money

  societies Your payment card was used without your permission – distance sales Pensions Types of pension Starting a pension Nearing retirement Get ready for your Pension Wise appointment Getting

• Getting benefits if you got ill or were injured at work

  might be able to claim Reduced Earnings Allowance (REA) or Retirement Allowance as well as IIDB. Contact your nearest Citizens Advice for help if you:  want to check if you can claim REA or Retirement

• Choosing voluntary redundancy

  also be able to negotiate your notice period with your employer. Taking early retirement instead  If you’re close to retirement, your employer may suggest you take voluntary early retirement instead

• Get ready for your Pension Wise appointment

  website - some providers allow you to log in and view your statement online ‘wake up pack’ - your provider will send this out 4 to 6 months before your selected retirement age If you haven’t got any

• How much pension you'll need

  .  How much you'll need to put away for your pension depends on: what you can afford to save how many years you have to save what your needs will be when you retire Your retirement may last from 20

• Pensions - income drawdown

  time by you or your employer making regular payments into it. The total amount of money you have for your retirement depends on how much was paid into the pot and how the fund's investment performed

• If your circumstances change during your IVA

  . A ‘defined contribution pension’ is based on how much has been paid into your pension pot, not your salary near retirement. Your IVA might already include an agreement that you have to pay some