When can you take your money out of NEST?
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Taking money out
Getting your retirement income
You can start using the money you’ve built up in your NEST retirement pot at any point from your 55th birthday. However you must take it before you reach age 75.
If you tell NEST when you plan to take your money out, we can aim to invest it in what we believe is the most appropriate way for you.
You should start thinking about your options well before you get to the date you want to take your money out of NEST.
In future, you’ll be able to use our Retirement Tool. This will apply when you’re within six months of your NEST retirement date, and will help you to search for a retirement income.
A retirement income
You can use all of your retirement pot to set up a retirement income. This income could be monthly, every three months, every six months or every year depending on what you choose.
Take some as cash
You can usually choose to take up to a quarter of your retirement pot as a cash lump sum and use the rest to set up a retirement income.
Whole pot as cash
Depending on the size of your retirement pot, and the value of any other pension pots you have, you may be able to take all of it as a cash lump sum.