For most of us, our sixties are when we transition from work to retirement. That makes it a time to ensure we are able to make good decisions about vital money matters.
The priority for some of us will be making sure we can ease into retirement with a clear plan for steady income. For others, it’s about embracing travel, family time, new projects, and finally saying yes to things that were always on the “one day” list. Whatever your priorities, this is a great moment to get everything lined up.
There are plenty of over-60s products designed with people in this decade in mind – practical, flexible and built around what really matters. So take a look around. Compare options, spot better deals and shape your finances around what comes next, with a little help from Compare More.
If you’ve spent years building financial security, perhaps with a home and a lifestyle you enjoy, insurance is there to protect it. It can make sure that unexpected bumps don’t knock your plans off course. From health and home to travel, cars and pets, the right cover can help keep things running smoothly.
Feeling well underpins everything else, and that can be more of a challenge as we age. Health insurance can offer quicker access to treatment and specialist care, helping you stay active, independent and confident about the years ahead.
Life insurance as we get older is often about rethinking priorities. Arranging over-60s life insurance is a time to make sure you have suitable cover. It may mean covering essential costs for those closest to you, or maybe leaving a cash gift for loved ones.
After working so hard for it, your home is central to your life and your finances. Home insurance helps protect the building, your belongings and the memories you’ve made there, giving you confidence that what matters most is covered.
Having more free time often means more travel. Whether it’s bucket list trips, some winter sun or extended stays abroad to visit family, travel insurance helps protect your plans if something unexpected happens.
Pets are part of the family, and that means taking the highs with the lows. Pet insurance helps manage vet costs and unexpected issues, making it easier to choose the right care when it matters.
From everyday journeys to scenic drives, weekend adventures and spontaneous trips, car insurance helps you get cover that fits your driving needs today, giving you confidence on the road.
Your home can be central to supporting your lifestyle and financial health in your 60s. Revisiting your mortgage options can open up possibilities, from simply reviewing an existing deal to remortgaging to downsize or move closer to family. It can even mean refinancing to buy a holiday home to make the most of every minute of your retirement. Whatever the case, there are options that give you flexibility, comfort and choice.
The right mortgage can free up cash, reduce monthly costs, or support bigger plans, like moving home or making renovations. Comparing options helps you see what’s possible and choose a plan that fits your circumstances and plans.
Equity release can turn some of your home’s value into ready cash, while letting you stay exactly where you are for as long as you wish. It can help fund home projects, pay off the existing mortgage, help your family and much more.
Want to see what the equity in your home could do for you? Use this calculator to estimate how much cash you might unlock with equity release, helping you fund home improvements, lifestyle goals, or even gifts for loved ones.
Borrowing in your 60s can be one way to tidy up your finances or bring some important plans to life. From home improvements to visiting family abroad, it can be a way to spread the cost of big purchases. Responsible borrowing may also help you consolidate debt so that you’re on top of your finances before you retire.
Need a lump sum without dipping into your savings or pension pot? A personal loan can help cover bigger costs, from home upgrades to travel plans or a child’s first home deposit. It can let you manage large expenses upfront while paying it back in affordable monthly instalments.
A good credit card can make your day-to-day spending work in your favour. Whether that’s earning cashback on purchases, picking up travel perks, or using a balance transfer to reduce interest, the right card can help you keep more of your hard-earned cash in your pocket.
Strong finances in your 60s start with simple foundations. The right current and savings accounts can help keep everything organised, bills manageable, and cash ready for both everyday life and life’s surprises. With accounts designed around flexibility, ease and security, you can feel confident that your money is working as hard as you have.
Your current account should make managing money effortless. Useful features, fair fees and smart tools help you stay on top of day-to-day spending with confidence.
Whether you’re building a safety buffer, saving for travel, or keeping money accessible “just in case”, the right savings account helps your money grow without locking it away in long-term investments.
This is where years of saving start to turn into real-life income. From the age of 55 (rising to 57 from 2028), you can start accessing your defined contribution pension fund if you wish – opening up choices about how and when you use that money. Whether you want a guaranteed income or the flexibility to access your pension savings when you wish, these options help turn years of hard work into money you can enjoy.
An annuity provides a guaranteed income. For over-60s, it can form a dependable base for retirement spending, helping you budget for everyday costs and feel secure knowing there’s a steady income to rely on.
Drawdown gives you flexibility with your pension, allowing it to remain invested while you take income as needed. It can suit over-60s who want control over how and when money is withdrawn.
Curious how much guaranteed income your pension could give you from age 55? This tool helps you explore your options, so you can see what your pension pot could deliver and plan your retirement with confidence.
Our guides focus on real-world choices for over-60s, from managing retirement income and exploring ways to boost your finances, to using property wealth wisely. Practical, clear and designed around what matters at this stage, they help you make confident financial decisions and plan with ease.
If you buy an annuity with your pension savings, the annuity rate you are offered will determine how much income you receive. Check out our guide to how your age, health and lifestyle affect your rate and income.
If you have pension savings to access, UFPLS is an alternative to annuities and drawdown. It’s a flexible way to keep control over your pension and take money in lump sums, but it does involve investment risk.
Having a condition such as asthma or high blood pressure doesn’t automatically mean you can’t get health insurance, but it may influence the cost of your policy or the terms offered.