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Get retirement ready with expert advice

Personal financial advice for a confident retirement. At a fraction of the cost.

Find out your retirement income in 5 minutes

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Answers to the top 5 retirement questions

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Have a free 15-minute call with an expert

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Can I afford to retire?

It’s important to get the full picture of how much you have and how much you’ll need, so you can understand what your options are.

Your retirement income can come from a variety of sources, not just your pension savings or state pension entitlement. Have you thought about other savings and investments such as Individual Savings Accounts (ISAs) you have, or rental income from property you let out?

It’s ok if you haven’t. We’re here to help.

Our retirement advice service could help you understand if you have enough to retire by:

  • Looking at everything you've got 
    We’ll help you understand all your sources of income and we’ll factor in when each income stream starts and stops. We’ll also work how much you’ll receive after tax. We’ll do this for both you and if you have a partner we can do this for them too so you can get an even fuller picture.  
  • Giving you all the facts for the lifestyle you want 

    We’ll figure out exactly how much you need for the lifestyle you want – both for one-off purchases and as a regular income in the future. We’ll take inflation into consideration as well as investment growth – this will be in line with the level of risk you and your partner are comfortable with and can afford to take.

    Once we have all this information we can calculate and recommend when you can afford to retire. We can show you options too. For example, if you can’t afford to retire quite as early as you want, we could help you calculate a part-time working or flexi-retirement plan instead.

  • Sorting out your pensions

    Transferring your pension savings into one online plan could give you a clearer picture of what you have, all in one place. Transferring pensions isn’t for everyone though as you could give up benefits and guarantees. We can help you understand if transferring is right for you.

Looking after your retirement income

We’ll provide ongoing support too. Building a flexible income plan is just the first step. We’ll regularly review it, and adjust it if your needs change too.

We're here to help

We understand that many people don’t think they have enough money to retire. According to our research, only a quarter of current retirees feel confident that they’ve saved enough to fund their retirement compared to 30% a year ago. But you might find you’re able to retire sooner thank you think.

Watch Victoria, one of our retirement experts, as he outlines how you could make your retirement savings last. 

Will my money last?

It’s hard to know how much money you can afford to take each year without knowing how long you’re going to live.

People often underestimate their life expectancy – the average life expectancy in the UK is 80.17 years old. But equally you don’t want to feel worried about spending to the point that you don’t enjoy your retirement. It’s a bit of balancing act, plus, you’ll need to take into account how much income you’ll pay tax on.

It’s ok not to know. We can help.

Our retirement advice service could help you set up your retirement by:

  • Building an income projection 

    We can show you how all your retirement savings come together and what your retirement income could look like. We’ll factor in when each income stream starts and stops and we’ll work how much you’d receive after tax. We’ll do this for both you and if you have a partner we can do this for them too.

    We’ll figure out exactly how much you’ll need for the lifestyle you want and we’ll take inflation and investment growth into consideration so we can help make sure money lasts as long as you need it to.

  • Stress-testing your retirement income 
    We’ll build a flexible income plan and test it. Our aim is to make sure your plan is suited to your individual needs as well as different scenarios such as periods of high inflation or market crashes.

Making it all happen

We’ll set everything up for you, regularly review your plan, and adjust it if your needs change.

We’re here to help

With retirement potentially being 30 years or more, you might be worried about your money lasting as long as you need it to. 37% of people we spoke to had similar concerns.

Watch Allan, one of our retirement experts, as he outlines how you could make your retirement savings last. 

How do I set it all up?

There’s a lot to think about when it comes to retirement, both practically and emotionally –it can be a daunting time.

Have you worked out when you can afford to retire and how much money you’ll have from all your pensions, savings and investments? Do you feel confident that your money is invested in the right way? And what about all the admin and keeping track of everything – do you have the time to do this? Or would you prefer not to have the hassle of dealing with all the paperwork yourself?

It’s ok if you don’t have all the answers. We can help.

Our retirement advice service could help you set up your retirement by:

  • Building an income projection 
    Factoring in things like investment growth, tax and life expectancy, we can show you how your retirement income could work for you.
  • Showing you all your options 
    We’ll develop a flexible plan that brings together all your retirement income and shows the best way to take your money tax efficiently – whether that’s retiring now, later, or taking a flexi-retirement approach where you reduce your working hours. Together we’ll find the right plan for you. 

Making it all happen

We’ll set everything up for you, regularly review your plan, and adjust it if your needs change.

We’re here to help

Getting help with retirement planning can make a complex process much easier to manage. But according to our research, fewer than a fifth of retirees have got professional financial advice about their retirement.

Watch Tim, one of our retirement experts, as he outlines how to start setting up your retirement and what you should consider.

What you get with our expert financial advice

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Dedicated financial adviser

Ongoing support, advice and updates to make sure your retirement savings are working as hard as they can.

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Financial confidence for retirement

Know you can afford to retire, what you can afford to spend and that your money is planned to last.

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Peace of mind for your decisions

Reassurance that your retirement choices fit your needs, with expert support to evaluate your options.

Meet our team

Tim Pakenham

Tim Pakenham, Financial Planning Consultant

"We take time to answer any questions and help make sure your free consultation with a financial planner is as valuable as possible."

Vicki Mcgee

Vicki McGee, Financial Planner

“My job is about helping people live the best possible retirement for them and taking away their worries.”

Lysanne McBride

Lysanne McBride, Financial Planner

"A lot of people feel retirement is a minefield. I'm lucky enough to see the genuine difference that advice makes to them and the pressure I can take away."

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Long-standing experience

Join the thousands of people we’ve helped with their retirement previously as Standard Life, and now abrdn.

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Low charges

You’ll receive advice over the phone and online, so we can keep charges as low as possible.

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Accessible advice

You only need £50,000+ in savings to use our service. Much less than many traditional advice services.

Jonny

Jonny

Financial Planning Consultant

Book a free 15-minute call with us today to start exploring your future.

What would you like to discuss?

Check availability

Our clients rate the call 4.5 stars out of 5

Personal financial advice at a fraction of the cost

And if you’re planning with a partner, you won’t be charged twice.

We’re retirement specialists. And, on average, we’re 50% cheaper than the market over five years, with a £999 one-off fee, plus a 0.5% a year charge for ongoing advice.

What you pay is the same whatever type of retirement support you need, whether you’re:

  • Looking to consolidate multiple pensions
  • Need to know when you can afford to retire
  • Want to take income from your pension
  • Thinking about taking tax-free cash

Or all of these.

Plus, we’ll tell you if we don’t think you’ll get great value for money from our service.

Holly Mackay

Holly Mackay

CEO and Founder - Boring Money Digital Advice Group

“Peace of mind for 50+ customers planning for retirement who want some advice and someone to tell them what to do – without paying over the odds or getting anything too fancy.”

Holly Mackay

CEO and Founder - Boring Money Digital Advice Group

67%

Retirement seemed some way off for Karen

“Ultimately, it meant I felt more in control of my finances and could confidently make the decision to wave the office goodbye.”

After a divorce and recent redundancy, Karen knew what she wanted from retirement. She just didn’t know if she could take the plunge now. We showed her that she could live the retirement she wanted and her money could last through retirement.

73%

Mr Wood knew what he wanted his retirement to look like

“I’m choosing to work in retirement because I love what I’m doing.”

Mr Wood had been planning his retirement for three years before the day itself arrived. He felt well-prepared after taking financial advice. And through a combination of workplace pensions, an annuity and savings had an income that was planned to last 30 years.

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Copyright © abrdn plc 2021-22. All rights reserved. abrdn plc is registered in Scotland (SC286832) at 1 George Street, Edinburgh, EH2 2LL.FSCS logo

Our Stocks and Shares ISA and Personal Portfolio are provided by Standard Life Savings Limited, which is registered in Scotland (SC180203) at 1 George Street, Edinburgh, United Kingdom, EH2 2LL. It is authorised and regulated by the Financial Conduct Authority under registration number 188796. Standard Life Savings Limited is a wholly owned subsidiary of abrdn plc.

abrdn Financial Planning and Advice Ltd is registered in England (01447544) at Bow Bells House, 1 Bread Street. London, EC4M 9HH and is authorised and regulated by the Financial Conduct Authority.

‘abrdn’ is a trading name used by Cumberland Place Financial Management Limited, which is part of abrdn group (abrdn plc and its subsidiaries). Cumberland Place Financial Management Limited is registered in England (8948895) at Bow Bells House, 1 Bread Street. London, EC4M 9HH and is authorised and regulated by the Financial Conduct Authority.

‘abrdn’ is a trading name used by Fraser Heath Financial Management Limited, which is part of abrdn group (abrdn plc and its subsidiaries). Fraser Heath Financial Management Limited is registered in England (04357058) at Bow Bells House, 1 Bread Street. London, EC4M 9HH and is authorised and regulated by the Financial Conduct Authority. Copyright © 2021-22 abrdn, All rights reserved.