The best (and worst) years to retire
How timing affects your income
Ed Monk
Fidelity International
16 January 2026
Retirement planning
Just starting out? Wondering how to take money from your pension pot? Wondering how to make your retirement income last? We can help.
Important Information - investment values and income from investments can go down as well as up, so you may get back less than you invest. SIPP eligibility and tax treatment depends on individual circumstances and tax rules may change. You cannot normally access money in a pension until age 55 (57 from 2028). Before transferring a pension, compare all the benefits, charges and features and always seek financial advice if you’re unsure.
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Whether you’re looking for free guidance or more personalised, paid-for advice, our retirement specialists can help you get ready to retire.
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The government’s Pension Wise service offers free, impartial guidance to help you understand your options at retirement. You can access the guidance online or over the phone on 0800 011 3797.
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Whether you’re in your 20s or your 50s, there’s a lot you can do to make sure you have a retirement plan that’s suitable for you.
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You have more choice and flexibility in how you set up your retirement income than ever, so there is much more you need to know.
Approaching retirementWill you have enough to live on in retirement? Use our handy calculators to compare your income and expenditure, the options open to you and how much tax you might have to pay.
These tools can help you understand your financial situation but they don’t give advice. If you’re unsure about savings, investment or retirement planning call us on 0800 41 41 61, Monday to Friday, 8:30am to 5:30pm for a free consultation about how we can help you.
We can help you plan for your retirement, choose an income that meets your needs and ensure your money lasts. Call us on 0800 41 41 61, Monday to Friday, 8:30am to 5:30pm.
The Government's Pension Wise service offers free, impartial guidance to help you understand your options at retirement. You can access the guidance online at moneyhelper.org.uk or call them on 0800 011 3797.
Did you know a single person will need about £43,900* a year for a comfortable retirement? With the new State Pension paying a maximum of £11,973 per year from April 2025, there’s clearly a gap.
Our guide provides you all the information you need to make sure you’re ready for the future you want.
*Source: Pension and Lifetime Savings Association - UK Retirement Living Standards in 2024.
Important information - Before making your decision, please read our pension transfer factsheet. This explains the things you need to consider before you transfer, including fully comparing the benefits, charges and features offered. Pension rules apply. Seek advice from Fidelity's advisers or another authorised financial adviser if you're unsure.
Trying to manage pensions across different providers can be both time-consuming and difficult. Bringing them together into Fidelity’s Self-Invested Personal Pension (SIPP) can help you take control and plan ahead more effectively.
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