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Retirement Guides

We've collated our most popular and most recently-published retirement guides in one place for you. Designed to help you through the basics as well as more complicated issues, browse our entire back catalogue today.

Visit our equity release, annuity and RIO mortgage pages to learn more or to speak to a broker.

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Our most popular retirement guides

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A comprehensive guide to inheritance tax

Knowing what to do with an inheritance is vital if you want to make the most if it - find out more in our guide to managing money form an inheritance.

Knowing what to do with an inheritance is vital if you want to make the most if it - find out more in our guide to managing money form an inheritance.

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Annuities vs drawdown – Which is right for you?

Considering an annuity or drawdown to help fund your retirement? Addressing the pros and cons, read our definitive guide before making a decision.

Considering an annuity or drawdown to help fund your retirement? Addressing the pros and cons, read our definitive guide before making a decision.

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When to start saving into a pension

You can start saving into a pension at any age. Our guide sets out how to get saving in your 20s, 30s and 40s.

You can start saving into a pension at any age. Our guide sets out how to get saving in your 20s, 30s and 40s.

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Mortgage tips for over 70s

Our guide to finding a mortgage for the over 70s including traditional mortgages, retirement interest only mortgages and equity release.

Our guide to finding a mortgage for the over 70s including traditional mortgages, retirement interest only mortgages and equity release.

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How to find lost pensions

Finding a lost pension is easy and could result in significantly growing the pension pot you can expect when you retire. £billions worth of funds lay unclaimed every year.

Finding a lost pension is easy and could result in significantly growing the pension pot you can expect when you retire.

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What are the different types of lifetime mortgages?

Lifetime mortgages can come in different types, including interest only and drawdown options. Read more to find out the pros and cons of the different types of lifetime mortgages.

Lifetime mortgages can come in different types, including interest only and drawdown options. Read more to find out the pros and cons..

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Equity release FAQs

Get your equity release questions answered, everything from how it affects your tax, pension, your home ownership and your family.

Get your equity release questions answered, everything from how it affects your tax, pension, your home ownership and your family.

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Tax and equity release explained

Our guide explains some of the implications for income tax, inheritance tax and the Personal Savings Allowance when taking out equity release.

Our guide explains some of the implications for income tax, inheritance tax and the Personal Savings Allowance when taking out equity release.

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All our retirement guides

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Is it better to pay off a mortgage or save?

It can be hard to decide whether to put money into savings or use it to overpay your mortgage. See our guide for the pros and cons of each option.

It can be hard to decide whether to put money into savings or use it to overpay your mortgage. See our guide for the pros and cons of each option.

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What happens to your pension when you die?

It may not be nice to think about but it’s an important part of financial planning, so here’s everything you need to know about who gets your pension when you die.

It may not be nice to think about but it is important, so here’s everything you need to know about who gets your pension when you die.

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A comprehensive guide to inheritance tax

Knowing what to do with an inheritance is vital if you want to make the most if it - find out more in our guide to managing money form an inheritance.

Knowing what to do with an inheritance is vital if you want to make the most if it - find out more in our guide to managing money form an inheritance.

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Managing your pension as a self-employed high earner

Saving for retirement can be challenging if you’re self-employed, but it’s important to build and manage wealth within your pension ready for retirement.

Saving for retirement can be challenging if you’re self-employed, but it’s important to build and manage wealth within your pension ready for retirement.

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UK estate planning explained

Have you considered how you’d like to provide for your spouse, children, and wider family after you’re gone?

Have you considered how you’d like to provide for your spouse, children, and wider family after you’re gone?

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Repay your mortgage or contribute to your pension? A UK guide

Deciding whether to increase your mortgage payments or pension contribution can have a significant effect on your finances. As a starting point, our preferred independent financial adviser company Kellands encourages consumers to align their mortgage term with their preferred retirement date.

Deciding whether to increase your mortgage payments or pension contribution can have a significant effect on your finances.

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How equity release could help fund your retirement

Equity release could be the key to unlocking a comfortable retirement.

Equity release could be the key to unlocking a comfortable retirement.

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Three benefits of starting a pension for your child or grandchild

In a world of rising costs, saving for retirement seems to be a difficult task for many young people

In a world of rising costs, saving for retirement seems to be a difficult task for many young people

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Is equity release right for you? Weighing the pros and cons

If you need to access the equity in your property without selling your home, equity release could be an option to consider, but is it the right one for you?

Why you should explore your options before accessing the equity in your property.

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A guide to tax and your pension

If you’re approaching retirement and will soon be drawing your defined contribution (DC) pension – or perhaps you’re still working but, having hit the age of 55, want to access your funds – you’ll need to know how tax comes into play.

Find out how pension reforms give you more freedom to decide what to do with your money with our handy guide.

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What was the Lifetime Allowance and what did it mean for your pension?

Those approaching retirement will likely come across the Lifetime Allowance. This is a significant rule to understand for a number of pensioners when they begin saving and withdrawing from their pension. This is because, if left unaware, it can significantly impact their tax bill.  

The Lifetime Allowance charge will be abolished on 6 April 2023

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Financial considerations you’ll need to make in separation or divorce

Financial discussions are important when separating.

Financial discussions are important when separating.

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The alternatives to workplace pensions

A workplace pension offers a convenient way to save for retirement. You’ll benefit from employer contributions as well as Government tax relief, and thanks to automatic enrolment, the majority of eligible workers now have a suitable pension scheme set up.

A workplace pension offers a convenient way to save for retirement. Find out more about the alternatives to workplace pensions in our guide.

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Equity release vs RIOs – which is the best option for retirees?

Equity release and retirement-interest-only mortgages (RIOs) are just two forms of lending for those who are approaching retirement. Both these options have their own distinct advantages and disadvantages, which are explained in more detail.

Equity release and retirement-interest-only mortgages (RIOs) are compared in more detail in this article.

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How does equity release affect inheritance?

While equity release can be a good way for older homeowners to tap into the wealth they have built up within their homes, many will have concerns about how it will impact the inheritance they leave behind.

Many homeowners will have concerns about how equity release impacts the inheritance they leave behind.

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UK inflation explained - and how to deal with it

Whether you are looking to invest for your future, save for retirement, or find your perfect mortgage you have probably come across a term called inflation. With its widening effect, it is important to understand what inflation is, why it is necessary, and how it affects the economy.

Whether you are looking to invest for your future, save for retirement, or find your perfect mortgage you have probably come across a term called inflation.

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What happens to your debt when you die

Here, we take a closer look at what will happen to outstanding mortgage and lifetime mortgage (a type of equity release) debt and any loans, credit cards and similar unsecured credit agreements you have, and how you can prepare accordingly.

We take a closer look at what happens to outstanding mortgages, debt, loans and credit card and other credit agreements and how you can prepare accordingly.

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How to get your pension investment strategy right

We explore why your pension investment strategy might differ depending on age and what you can do to get your pension investment strategy right. Read our guide to find out more.

We explore why your pension investment strategy might differ depending on age and what you can do to get your pension investment strategy right.

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Getting divorced in retirement

Divorce can be a harrowing experience at any age, but it arguably becomes even more difficult during retirement, as finances are likely more entwined than those who get divorced at a younger age – which means it could have a huge impact

Divorce can be a harrowing experience at any age, but it arguably becomes even more difficult during retirement. Read our guide to find out more.

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Pension options in a divorce

Any pension you and your ex-partner own can be shared in a divorce or civil partnership dissolution. This includes all personal pension schemes – including self-invested personal pensions (SIPPs) and stakeholder pensions

Any pension you and your ex-partner own can be shared in a divorce or civil partnership dissolution.

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How does a health condition affect equity release?

Those with health conditions may find they can increase the maximum LTV available to them by using an ‘enhanced lifetime mortgage.’ Find out more in our guide.

Those with health conditions may find they can increase the maximum LTV available to them by using an ‘enhanced lifetime mortgage.’ Find out more in our guide.

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How to get equity release on a leasehold property

There are lenders that will agree equity release on a leasehold flat or house. Read our guide to find out more.

There are lenders that will agree equity release on a leasehold flat or house. Read our guide to find out more.

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When to start saving into a pension

You can start saving into a pension at any age. Our guide sets out how to get saving in your 20s, 30s and 40s.

You can start saving into a pension at any age. Our guide sets out how to get saving in your 20s, 30s and 40s.

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What is an interest-only lifetime mortgage?

An interest-only lifetime mortgage allows the borrower to pay some or all the monthly interest being charged. This reduces the overall amount owed. Read more about how to use equity release and protect the value of your estate. Find out more in our guide.

An interest-only lifetime mortgage allows the borrower to pay some or all the monthly interest being charged. This reduces the overall amount owed.

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What are the different types of lifetime mortgages?

Lifetime mortgages can come in different types, including interest only and drawdown options. Read more to find out the pros and cons of the different types of lifetime mortgages.

Lifetime mortgages can come in different types, including interest only and drawdown options. Read more to find out the pros and cons..

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How does equity release affect state benefits?

Taking equity release could result in your entitlement to means tested state benefits being reduced or removed. It can also have an affect on any funding you might receive for care services. Read our guide for more information.

Taking equity release could result in your entitlement to means tested state benefits being reduced or removed. It can also have an affect on any funding you mi

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Tax and equity release explained

Our guide explains some of the implications for income tax, inheritance tax and the Personal Savings Allowance when taking out equity release.

Our guide explains some of the implications for income tax, inheritance tax and the Personal Savings Allowance when taking out equity release.

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Home reversion plans versus lifetime mortgages

Home reversion plans and lifetime mortgage allow you to release cash locked in your home to fund your retirement. The former sells a share of your home, whereas a lifetime mortgage is a loan secured against your property. Each has pros and cons. Find out more in our guide.

Home reversion plans and lifetime mortgage allow you to release cash locked in your home to fund your retirement. Each has pros and cons.

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What is the open market option?

If you’re thinking of using your pension pot to purchase an annuity in retirement, you need to make sure you get the best possible rate. Our guide explains.

If you’re thinking of using your pension pot to purchase an annuity in retirement, you need to make sure you get the best possible rate. Our guide explains.

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What is Pension Wise?

Pension Wise is the Government’s free, impartial pensions guidance service. Read out guide to find out more about the services Pension Wise provides.

Pension Wise is the Government’s free, impartial pensions guidance service. Read out guide to find out more about the services Pension Wise provides.

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Annuities vs drawdown – Which is right for you?

Considering an annuity or drawdown to help fund your retirement? Addressing the pros and cons, read our definitive guide before making a decision.

Considering an annuity or drawdown to help fund your retirement? Addressing the pros and cons, read our definitive guide before making a decision.

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Cashing in your pension - understand the risks

Is cashing in your pension a good or a bad idea? Our guides gives you the facts.

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Equity release FAQs

Get your equity release questions answered, everything from how it affects your tax, pension, your home ownership and your family.

Get your equity release questions answered, everything from how it affects your tax, pension, your home ownership and your family.

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Equity release jargon buster

Equity release is a big decision. It's important that you understand the key terms and features before committing. Read on to find out more about the key terms you will come across when researching your equity release options.

Equity release is a big decision. It's important that you understand the key terms and features before committing. Read on to find out more about key terms.

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How to find lost pensions

Finding a lost pension is easy and could result in significantly growing the pension pot you can expect when you retire. £billions worth of funds lay unclaimed every year.

Finding a lost pension is easy and could result in significantly growing the pension pot you can expect when you retire.

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Mortgage tips for over 70s

Our guide to finding a mortgage for the over 70s including traditional mortgages, retirement interest only mortgages and equity release.

Our guide to finding a mortgage for the over 70s including traditional mortgages, retirement interest only mortgages and equity release.

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Repayment and interest-only mortgages explained

A repayment mortgage sees you pay off not just interest, but also the loan itself, so that at the end of the overall mortgage term you will own your home outright. Our helpful guide explains more.

A repayment mortgage sees you pay off not just interest, but also the loan itself, at the end of the mortgage term you will own your home. Our guide explains.

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