Check you're on track
The Pensions and Lifetime Savings Association (PLSA) recommends that an individual will need a minimum of £10,900 per year in their retirement to cover basic needs. For a moderate standard of living this increases to at least £20,800 per year. And for a comfortable standard of living with greater financial flexibility, the recommendation is at least £33,600 per year. Using our interactive tools can help you to see what you're currently on track to receive in retirement, and how much you could need based on your lifestyle and plans.