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We should all be able to enjoy our retirement. But as we get older, it can sometimes get harder to make ends meet.

We’ve got some straightforward advice to help you make your money go further.

Get a benefits check

Don't assume you're not entitled to any benefits. Each year up to £3.5bn of benefits go unclaimed by older people. So, even if you think you're getting everything you are entitled to - it doesn't hurt to check. Benefits could help you to pay for care, bereavement, bills or to maintain your independence. 

I did a benefits check and as a result I'm nearly £60 a week better off.

Benefits calculator

Find out if you're entitled to any additional benefits.

Find out more about some of the main benefits you could be eligible for:

  1. Pension credit
  2. Housing benefit
  3. Attendance Allowance

Clear your debts

It's never too late to regain control and find your way back to a debt-free life. Read our guide to debt to find out how to manage, consolidate and pay back anything you owe. There are also lots of organisations offering free debt management advice, including local Age UKs.

Debt advice guide

Credit can be a useful money management tool in retirement and give us more freedom, but must be used carefully to avoid the debt trap.

Trace lost money couple at home

You may have money stored away in lost bank accounts, pensions or premium bonds if you've changed your name or address several times. The Government runs a free Pension Tracing Service which could help you to track down these assets.

Finding old pensions
Finding other lost savings and assets 

Cut your household costs

Council Tax

Council Tax helps your local authority to pay for services like rubbish collection and road maintenance, and applies to all domestic properties. Regardless of your financial circumstances, you could be eligible for a reduction to the amount you pay or could even be exempt.

6 ways to reduce your Council Tax bill

Household bills

Reducing your energy and water bills doesn't mean making big changes, and could save you hundreds of pounds every year.

Read our Money Matters guides

More money in your pocket

If you’re aged 60 or over, you could be entitled to benefits you haven’t been able to claim before. This guide looks at Pension Credit, Housing Benefit, Council Tax Support, disability benefits and others. 

More money in your pocket (PDF 878 KB)

Equity release

If you own your own home and have little or no mortgage, you may be thinking about equity release.

Equity release (PDF 631 KB)

Save energy, pay less

With fuel costs rising, using less energy can save us money, but that doesn’t mean we should have to use less than we need.

Save energy, pay less guide (PDF 916 KB)

Council tax support

Council Tax Support, also known as Council Tax Reduction, is a benefit to help people who are on a low income or claiming certain benefits.

Council tax support (259 KB)

Talk to Age UK

Call Age UK Advice on freephone 0800 169 6565 to order our guides or get advice from a trained adviser.

You can also speak to a friendly adviser at your local Age UK. With over 330 Age UKs across the country, chances are there's one near you. They can give advice on claiming benefits and help you complete your claim forms. We may even be able to visit you at home if you find it difficult to leave the house.

Find out what Age UK does in your area

Further information


Our Information guides are short and easy to digest, giving a comprehensive overview of the relevant topic. Factsheets are longer with more detail, and are aimed at professionals.

You can download other guides in our series from publications

For more information: Call Age UK Advice: 0800 169 2081

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