Retirement is a major life event and it pays to plan carefully for this exciting stage of your life. Now is the time to define what your ideal version of retirement looks like.  Making the transition from work to retirement can sometimes feel daunting, with lots of factors to consider, especially how long retirement can now last, as a result of rising life expectancy.

We’ve written this short guide to describe 7 of the most important things we believe you should be thinking about if you are retiring today or in the near future. As a successful retirement is about more than just money, we’ve covered some of the legal, health and social things to consider too.

The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.