Having decided when you want to retire, you should next look at how you’ll want to live.

Think of it as a permanent holiday, perhaps?

A rule of thumb might be to aim for an income of a half to two-thirds of your current one – adjusted for inflation and set to keep pace with it in retirement.

Consider what you’ll be doing. Will you be taking more holidays or pursuing an expensive hobby? The chances are you’ll want to carry on living at the same standard as you do now.

It’s never too soon to start thinking about saving for retirement. We can tailor make a pension plan for you whether you’re employed or self-employed, company directors, or even if you’re not actively working.

If you have a pension fund already which you don’t think is working hard enough for you, or you have several small pension pots spread around the place, we may be able to advise you on better options. Or if you are about to draw your benefits, we can also help you get the best value from your fund.