Having decided when you want to retire, you should next look at how you'll want to live.

Think of it as a permanent holiday, perhaps?

A rule of thumb might be to aim for an income of a half to two-thirds of your current one – adjusted for inflation and set to keep pace with inflation during your retirement.

Consider what you'll be doing: Will you be taking more holidays or pursuing an expensive hobby? Will you be traveling or perhaps buying that dream cottage by the sea?

The chances are, you'll want to carry on living at the same standard as you do now. Talk to us and we'll advise you how best to look towards your retirement future.