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What to do if I retire 10 years early
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sgebbie
Posts: 24 Forumite
I currently have a full pension entitlement of £221.20 (as of 2024) and reach retirement age in 2041.
If I keep working until 2030, and then stop does my entitlement start to go down? ie, in 2041 will hmrc look at my last 35 years (2006-2041) which I'd only have 24 years (2006-2030) (because i stop working in 2030), or do they look back at my whole life and see that I have 41 years (1989-2030).
if it helps, i'm 50 right now
thanks
If I keep working until 2030, and then stop does my entitlement start to go down? ie, in 2041 will hmrc look at my last 35 years (2006-2041) which I'd only have 24 years (2006-2030) (because i stop working in 2030), or do they look back at my whole life and see that I have 41 years (1989-2030).
if it helps, i'm 50 right now
thanks
0
Comments
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Once you have built an entitlement you don't lose it.
1
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