Pensions and retirement
Find out your likely retirement income In a few easy steps, the Money Helper 's pension calculator can give you an estimate of the income you'll get when you retire. Your forecast will include income from defined benefit and defined contribution pensions, and your State Pension. Money Helper: Pension calculator . When you get your results, you can alter your retirement age to see how that affects your income. You can also see how increased contributions or taking a smaller tax-free lump sum affect your yearly pension. Pension advice Citizens Advice Sheffield also run a Pension Wise Service. This is a free and impartial government service to help you explore your options for your defined contribution pension. You can find out what you can do with your pension pot, how to shop around and what to look out for with taxes and fees. They explain how to avoid pension scams…