This guide by Compare the Market (opens new window) has been developed to help you and although they are not endorsing any particular products it does contain insightful tips and advice on the financial aspects of retirement. This can often seem like the most complex area, but by breaking it down you’ll feel more in control.
Compare the Market also provide a simple but comprehensive breakdown of:
- Financial products to consider, like life insurance
- The different types of pensions
- How to handle a mortgage in retirement - and if you should pay it off
- Dealing with debts and repayment plans
- Budgeting for retirement