Merlin
Well-known member
There’s obviously some very well paid people on here, or should i say people who were earning well above minimum wage and have been able to save enough to retire well before state pension age. I would guess that isn’t an option for most people unfortunately, and the majority will be working at least till state pension age, and in many cases beyond - I’ll probably be one of them.How much do you need to retire ?
Obviously it depends on what you do with life but assuming you still want to travel regularly and don't want to cut down on nights out, spoiling Grandkids at Xmas, driving a nice car you would still need a net pension of a few grand a month.
If you can do that at 55 people have been doing better pension planning than I have