Don't you just love stats
The National Employment Savings Trust has released a report about what is perceived to be a reasonable standard of living during retirement, and that is £15k a year.
Some great examples on how to increase your pension pot:
- Cut out one take-away coffee a week: £11,800
- Switch mobile phone tariff: £16,100
- Cut out one packet of cigarettes a week: £31,400
- Cut out a take-away: £50,900
- Take a packed lunch to work: £63,700
Base: 30 year-old, working till 68
Comfort' pension level is £15,000 says study - BBC
I think the pension age will be about 85 by the time I become entitled (if) to a state pension Assuming there's anything left in the pot and the UK hasn't gone bust...