Your income in retirement

An important aspect of planning your retirement will be ascertaining where your income will come from.

Some people have to rely on the State Pension as the main source of income; others have many different pension pots they have accumulated over their career.

Whatever your situation is, it’s paramount that you know (by checking your statements) that you are on track for the income level you need when you finally stop working.

You may have other investments and savings you can take an income from or may have plans to downsize your property and release the equity.