Retirement is not what is used to be, and it will never be the same again. More and more of us are still working at an age when previous generations would be enjoying their retirement on holidays and playing golf.


Some of us need the money, perhaps because we didn’t make sufficient provisions for our retirement. It is also possible that the pensions we do have aren’t keeping up with the rising cost of living and people simply to do have a chose than to go back to work.

The average age of retirement is 64.7 for men and 63.1 for women, the department for work and pensions said in its business plan that it would like the average to rise by as much as 6 months every year. This may seem drastic however, the number of over-65’s in England is expected to increase by 51% over the next 20 years, and the number of those aged 85 and above will double by 2030. With life expectancy increasing it would seem logical for the number of years people should be working to increase also.

However, this is not always the case for people, for many the thought of retirement is a long way away, but for some it may be just around the corner and the thought of working will soon be a distant memory. Years ago the default age for retirement age was 65 years old which has gradually been phased out, most people now work for as long or as little as they want to, with the lucky few being able to consider early retirement.

There are many things you have to consider when retiring early such as,

you can start claiming your workplace or private pension from age 55, but your state pension won’t be available until you reach state pension age. Taking early retirement can be an attractive option if you don’t like your job or want a change of pace, but you should remember that you’re likely to receive a smaller pension if you retire early.

The most important thing to remember when you are considering retiring is to make the most of your pension savings so you can enjoy a comfortable future and a the relaxing retirement you had always thought of, a good website to use for a step by step guide to approaching retirement is



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