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About your workplace pension

About your workplace pension

About your workplace pension Overview
Getting started
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Getting started
Introducing workplace pensions How pensions are invested Auto-enrolment How contributions are made Costs and charges Your pension checklist
Welcome to Fidelity
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Welcome to Fidelity
About Fidelity, your pension manager Governance Sustainable Investing Diversity and Inclusion Master Trust
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Nominate my beneficiaries Review my retirement age Transfer a pension Download the app Check and update my contact details
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Grow & manage your pension

Grow & manage your pension

Grow & manage your pension Overview
Saving
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Saving
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Planning
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Planning
Check your financial health Plan your savings goals Check if I'm on track Maximise my contributions Pension allowances and tax
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Pension allowances and tax
Pension allowances and tax Overview Tax relief Lifetime allowance Annual allowance Money purchase annual allowance Tapered annual allowance Carry forward
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Investing
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Investing
How pensions are invested Investing basics What is a default investment? Deciding where to invest Sustainable investing Guides
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Plan my savings goals Check if I'm on track Maximise my contributions Nominate my beneficiaries Review my retirement age Transfer a pension
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Access your pension

Access your pension

Access your pension Overview
Access your Pension
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Access your Pension
Flexible retirement planning Investing in retirement Investment Pathways Leaving your employer Pension allowances and tax
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Pension allowances and tax
Pension allowances and tax Overview Tax relief Lifetime allowance Annual allowance Money purchase annual allowance Tapered annual allowance Carry forward
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Your retirement income
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Your retirement income
Choosing income options Drawdown Taking lump sums Staying invested in retirement Taking tax-free cash
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Your financial wellness

Your financial wellness

Your financial wellness Overview
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Feel good with Fidelity
Understand your financial wellness Check your financial health Four steps to financial fitness Women and Money
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Useful information
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Are you on the right road to retirement?

Explore our retirement rules of thumb to help you discover more about retirement. The rules of thumb work collectively to help you understand more about, and develop, your own ideas to manage your retirement journey.

The figures quoted in these tools use generic assumptions and estimations designed to give some simple rules of thumb to help you look into your retirement savings journey and beyond. The figures are not personalised to you. They're based on average household incomes in the UK with typically two working adults and two state pensions. The assumptions we use may not represent what actually happens in the future. The tools should, therefore, not be used as a detailed retirement plan or act as a replacement for professional advice.

How do I maintain my standard of living?

Aim for your personal retirement savings to generate about 35% of your pre-retirement, pre-tax income.

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How do all these rules fit together?

Answer four commonly asked questions to help you manage your retirement journey.

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This information is not a personal recommendation for any particular investment, you are responsible for deciding whether an investment is suitable for you. In doing so, please remember that past performance is not a guide to future performance, the performance of funds is not guaranteed and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. You should regularly review your investment objectives and choices and if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser.

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