Approaching retirement

Make a start on planning how you’re going to use your money at retirement.

You can choose to take money from your Account between age 55 and 75.

This will change from 2028 to between age 57 and 75. Don’t forget, the age at which you can take your State Pension is based on when you were born, and not necessarily the same as the Mastertrust’s normal retirement age of 65. Check when you can get your State Pension at

You will need to start thinking about when you hope to retire and how you want to use the money from your Account to fund your retirement. The video explains some of the options.


This section explains what to expect when you reach retirement and how to plan for it.

Find out more