To work out which Target Date Fund is right for you, first we take the year you were born and add it to your Scheme Normal Retirement Age (65). If you don't want 100% of your pension contributions invested in the Target Date Fund that is based on retiring at age 65, you can choose a different one. Remember, the earliest you can retire is currently age 55. The minimum pension age is increasing to 57 from 6 April 2028.