Nuclear Fuel Processes. Nuclear power plants do not burn any fuel. Instead, they use uranium fuel, consisting of solid ceramic pellets, to produce electricity through a process called fission. Watch our interactive graphic on how nuclear fuel is produced, used and stored.
Taking money from your pension. Whether you have a defined benefit or defined contribution pension scheme, you can normally start taking money from the age of 55.You could use this to help top up your salary if you are still working, to enable you to work fewer hours or to retire early.here are also some circumstances when you may be able to take money from your pension even earlier than 55, such as if youâre in poor health or in a profession where retirement is lower than normal, for example a professional athlete or if you have a protected pension age lower than 55.
Start saving at 25 and you only need to earmark 10% of your annual salary to retire at 65; if you wait until 70 to quit working, you'd have to save only 4% annually. The numbers are much worse for those who start late. If you waited until age 45 to start saving, you would need to put aside an unrealistic 27% of your salary for retirement. This would pretty much force you to work until age 70 so you could save a more realistic 10% annually.