When will I get my money?

Unless you have made a decision it is assumed you want to retire at age 65. You can choose to take money from your Personal Account between age 55 and 75. This will change from 2028 to between age 57 and 75.

You don’t need to decide now when you want to retire, but the sooner you start saving, the better. Remember, the State Pension age is increasing and the earliest you can expect to receive this is currently age 68. So if you’re hoping you’ll be able to retire before then, you need to start saving now.

To find out what you’ll be able to do with your money when you reach retirement, watch our short video below which explains the different options available.

 

Please click find out more below for further help and guidance on retirement and the option available.

 

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