I am…
Education. Recommended for members looking for general information or to make a change to their pension
I am…
Transfer/retirement. Recommended if you are looking to retire or thinking about transferring
I want to…
Use the forms below to communicate requests or changes to us.
Let us know what your total expected annual pension income is at the point you intend to retire – including all pension pots and the state pension if this is relevant.
The current state pension is £11,502 per year – for a personal forecast visit gov.uk.
minimum
Required annual pension income:
£14,400 – £31,299
In summary:
A ‘minimum’ lifestyle covers all your needs, with some left over for fun and social occasions. You could holiday in the UK, eat out about once a month and do some affordable leisure activities about twice a week.
Average monthly spend: £1,200
moderate
Required annual pension income:
£31,300 – £43,099
In summary:
A ‘moderate’ lifestyle provides more financial security and more flexibility. You could have one foreign holiday a year and eat out a few times a month. You’d have the opportunity to do more of the things you want to do.
Average monthly spend: £2,609
comfortable
Required annual pension income:
£43,100 +
In summary:
A lifestyle that allows you to be more spontaneous with your money. You could have a subscription to a streaming service, regular beauty treatments, a foreign holiday and several UK minibreaks a year.
Average monthly spend: £3,592
minimum
Required annual pension income:
£22,400 – £43,099
In summary:
A ‘minimum’ lifestyle covers all your needs, with some left over for fun and social occasions. You could holiday in the UK, eat out about once a month and do some affordable leisure activities about twice a week.
Average monthly spend: £1,867
moderate
Required annual pension income:
£43,100 – £58,999
In summary:
A ‘moderate’ lifestyle provides more financial security and more flexibility. You could have one foreign holiday a year and eat out a few times a month. You’d have the opportunity to do more of the things you want to do.
Average monthly spend: £3,594
comfortable
Required annual pension income:
£59,000 +
In summary:
A lifestyle that allows you to be more spontaneous with your money. You could have a subscription to a streaming service, regular beauty treatments, a foreign holiday and several UK minibreaks a year.
Average monthly spend: £4,917
Updated April 15, 2025
- The basics
Updated May 03, 2024
- The basics
Updated April 19, 2024
- The basics
