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How much will I need?

What do you think you will need for a comfortable retirement?   

We spend a lot of time thinking of how much we can afford to pay now but have you considered what income you would like to have in retirement?

The Pensions and Lifetime Savings Association (PLSA) has worked with Loughborough University to produce a report which aims to help people understand how much they will need for a minimum, moderate or comfortable quality of life when they retire.  For more information go to https://www.retirementlivingstandards.org.uk/.

If you would like to see how much pension you will receive from the Scheme you can log into your account and use the retirement calculation modeller.  Don't forget you will also receive a State pension.  You can get an illustration of your State Pension here.