As the name suggests, one option, for people who do not wish to suddenly cease work when retiring but instead would prefer to cut back on working hours, is the use of what is called a ‘Transition to Retirement Pension’’ (or TTR Pension).

Unfortunately, the answer to this question is not a ‘’one answer fits all” solution as each individual’s goals and needs in retirement will be different. Your answer will depend on a range of factors such as …..