For the purposes of financial planning, retirement is when you start taking benefits from pensions and does not necessarily mean you have to stop work.

At retirement you can usually take part of your pension funds as a lump sum with the balance being used to provide you with an income.

There are different vehicles available to provide your income and we will help you consider which may be the most suitable for you and when appropriate, look to maximise the income you receive in later life.

You may wish to have a flexible approach to retirement by continuing to work after taking your benefits, phasing you income and lump sum payments or delaying your income altogether. We can provide an adaptable plan tailored to your circumstances.