What to invest in for retirement income

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Archived article Tax, investments and pension rules can change over time so the information below may not be current. This article was correct at the time of publishing, however, it may no longer reflect our views on this topic.

We share how to generate an income in retirement and the types of investments that can help you reach your goals.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

7 July 2023

Having enough income in retirement is one of the biggest concerns people have as they get older.

You might have existing ISAs or pensions that allow you to invest tax efficiently, and up to now you may have been investing for growth.

But what are your options if you're specifically looking to generate an income from your investments in these accounts? Either with a view for taking drawdown, or withdrawing money from an ISA.

This article isn't personal advice. If you're not sure whether an investment is right for you, ask for financial advice. All investments and any income from them can fall as well as rise in value, so you could get back less than you invest.

What you do with your pension is an important decision that you might not be able to change. You should check