If you have less than a year until you retire, and you are certain that you will retire, you have probably already started planning some of the things you want to do and may even have booked holidays or made other plans for your extra free time.
For some people though, it is an uncomfortable fact that retirement arrives very quickly in the final year and they can end up regretting that they did not think enough about their finances during their working life.
What you can do Getting to grips with your income and expenditure will help give you a much better idea of what your retirement will be like from a financial perspective.
It's a good idea to set some time aside to work out how much money you have across all your assets such as your pension, ISAs, savings, investments and equity in your property. Our budget planner can help you do this. You should also start to determine the income you will need to enjoy the retirement that you have always looked forward to.
In terms of your finances, you will hopefully be getting a clearer idea of what you have saved and what state benefits you will be eligible for.
However, there is still likely to be much that needs agreeing and deciding upon. Click here for more detail on the countdown to retirement.
Useful links Annuities
Equity release