Retiring
Retirement planning
It’s a good idea to think about how long you will spend in retirement and how much money you’ll need to spend in retirement to help you create a retirement goal to work towards. You need to consider your day-to-day expenses, as well as how you plan to spend your time in retirement and what that could cost to enable you to set your goal.
How you can take your money
The normal retirement age for your IMI pension is 65, but you can currently take your pension any time from age 55 to 75. You'll have a range of options for accessing your pension pot at retirement.
State Pension
Most people are entitled to a State Pension from the Government when they reach State Pension age. How much you receive depends on the National Insurance contributions you’ve made over the years while working.
