- Joined
- 31 May 2016
- Messages
- 14,535
- Reaction score
- 2,170
- Country
Apparently that is the minimum you need saved up on top of your state pension, if you wish to retire at 65 and live modestly. It didn't sound like a lot, but allowing for 2% growth on your pot and an inflation rate of 2%, you can draw down £10k per year until your 89th birthday.
giving you an inflation linked equiv. to someone working, earning £19,300
Does that look realistic?
giving you an inflation linked equiv. to someone working, earning £19,300
Does that look realistic?