Planning your future

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Make sure you'll have enough money to live on later in life

To make sure you’re saving enough money to live on when you’re older, it’s important to start planning ahead. You’ll need to think about when you’d like to start taking your pension benefits, and how much they could be worth.

You don’t have to wait until you’re 60 or 65 to take your pension benefits. You can take some or all of your benefits from age 55. However, taking your benefits early will affect the amount you receive.

If you think you’ll need some more money to live on when you’re older, you can top up your pension by making extra payments. You may be entitled to State benefits too.