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How Much Do You Need To Retire Comfortably In the UK - And Are You On Track To Retire in 2025?

The Money Board 3 views

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@themoneyboard
 What challenges have you faced in estimating your retirement needs, and do you think the UK Retirement Living Standards help?
Comment from : @themoneyboard


@IfranReinfeld
 I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them We can get by, but can't seem to get ahead My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for
Comment from : @IfranReinfeld


@SergioRomano-nj8eb
 I just turned 44, and it hit me that retiring comfortably by 2025 isn’t as simple as stashing money away I used to think that if I saved enough, everything would naturally fall into place—but there’s a lot more to it
Comment from : @SergioRomano-nj8eb


@ClayneBanks
 With my retirement funds of $980k, l've started exploring catch up contributions and automated my transfers to make saving easier
Comment from : @ClayneBanks


@SimonApperley
 PLSA figures are what needs to be spent Did your analysis include taxes to be paid in order to result in a post-tax amount as identified by PLSA?
Comment from : @SimonApperley


@tancreddehauteville764
 These figures are nonsense, promoted by financial advisors, in order to panic people into investing more in their pensions The so-called 'moderate' pension is actually a high one, given that the UK median salary is around £38k You also ignore annuities as an income option
Comment from : @tancreddehauteville764

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