Retirement plan: The TWO simple rules to remember when planning your retirement

By 2028 the Government are aiming to push State Pension age up to 67 for both men and women.

However, you can defer your State Pension payments if you wish, and continue to work past State Pension age.

State Pensions are not the only form of pension retirees are eligible for, as you may have a workplace or private pension too.

There are some things to bear in mind if deciding to retire, and these are your spending and the amount of income you need.

While you won’t have any work expenses but you might spend more time undertaking recreational activities or at home which could mean your household bills increase.


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