I have more than 10 years before I hit 65 I'm slightly annoyed that I won't qualify for state pension until age 68 And can't decide what age I should plan to retire at. First question, can I retire say 66 but wait until 68 to invoke pension? Would there be any advantage eg Continued growth of fund. Delay in buying annuity. In this case I would need savings to tide over until aged 68 I have heard mention of job seekers allowance. Is that like queuing for the dole? Would that only apply person aged 67? Ie one year before retirement. Is it good idea to build up savings to fund living after retirement before age 68?