This is a time when you should be able to wind down and relax but the change to your financial situation can make it difficult to do this.
For many people, starting retirement will mean a reduced income. You might find its a struggle to pay your household bills, unsecured debts, or both. With that in mind, it’s important to get the right advice to help you deal with your situation and put your mind at ease.
If you're concerned about meeting your payments you can use our online Debt Remedy tool, which will give you free and impartial debt advice that's tailored to your situation. Or, if you’d prefer to speak to us, call our free Helpline on 0800 138 1111.
In the meantime you might find the following tips useful:
Use our free online benefits checker to see what you might be entitled to claim. Depending on your situation you could claim benefits such as pension credit, or help with your rent and council tax payments.
You may also be able to get help with your winter fuel payments or grants towards insulating your home.
If you’ve contributed towards any private or company pension schemes, contact them to find out how much you’re likely to receive and when they are due to start.
Once you reach state pension age, you’re entitled to free prescriptions and free eye tests in England.
You can get a free bus pass, wherever you live in the UK. This lets you to travel at off-peak times completely free of charge.
You’ll also be able to get a free TV licence if you’re over 75.
If we haven’t answered your question please contact us and one of our expert advisors will be able to help you.