This tool aims to help you understand some of the decisions you need to make when thinking about how to use your pension pot. It should not be considered advice and we recommend seeking guidance and advice before making a final decision. 

1

Your Needs

Are you currently planning to take your pension? Select one option from Yes, I am, No, I'm not

You can access your pension pot any time from age 55 (rising to 57 from 2028) but you don't have to take it straight away and you don't need to take it as soon as you retire.

Yes, I am No, I'm not

2

Your Options

How much income could you receive?

Use our Retirement Income Calculator to find out how much your annual income could be using our suite of products, plus the tax impact of taking it all as cash.