If you’ve already checked your State Pension (external website), this pension calculator by the Money Advice Service (external website) can help you understand how much you could get from your total pension pot.
Using the State Pension as the foundation of your pension pot, you will also want to have an idea of your planned retirement age, how much mortgage you need to pay off, and when you want to pay it off by.
Before you start, make sure you have an idea of how much you – and your employers – have paid in to workplace pensions over the years. Make sure you have your annual statements from your pension scheme, and a recent payslip.
If you need help understanding pensions and planning for retirement, you can contact The Pensions Advisory Service (external website) pensions helpline on 0800 011 3797.