retirement can never start too early and if it’s closer than you realise, you may need to set aside some time now to make sure everything is in order.
Citizens Advice Scotland have created a handy checklist with nine points to tick off to ensure it’s a smooth transition. Their website also has details about private and workplace pensions, which you can start to withdraw income from at the age of 55.
State Pension is different, as it’s operated by the Department for Work and Pensions (DWP), you cannot make a claim until you have reached the UK Government’s official retirement age which is now 66 for both men and women.
Read more on dailyrecord.co.uk