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✔️ Check your pension online – it’s usually the quickest way to find out how much your retirement savings are worth. 🕵️ Can’t go online? Get up-to-date benefit statements from your pension providers. 💸 How much do you have in other savings – bank and savings accounts, ISAs or other investments? 📈 Get a State Pension forecast. Once you’ve checked these, use […]
1. Think about what you won’t be doing any more – like going to work. So you might not have costs for commuting or buying clothes for work. Might you have paid off your mortgage? And of course, you wont be paying pension contributions. 2. Think about the things you want to do when you’ve got […]
Here’s a portrait gallery of examples to show what kind of living standard people could have in retirement depending on their ages, salaries, household and savings. Meera & Sanjay Angie & Kath Susan & James In case you missed last week’s email, have a look at our Lifestyle Portraits infographic for more details about what retirement looks like at […]
The Pensions and Lifetime Savings Association (PLSA) has developed the Retirement Living Standards, quick sketches of the kind of retirement lifestyle you could have with different levels of income. We realise it’s a difficult time for managing money, with the cost of so many things going up. We want to help you have a clearer picture […]
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