A new partner or a divorce? That will affect your pension. And what choices should you make when you retire? For example, arranging a pension for your survivors or a higher pension first and then a lower one.
Retiring: the choices you need to make
- Early retirement date? The standard retirement age in your pension plan is 67, or earlier if your state pension age is before 67. You can retire earlier from age 60.
- Swap a retirement pension for a partner's pension? Or the other way around.
- A higher pension first and then a lower one? Or vice versa.