Pension Pot

[DTKOAG]

What is regarded as a decent pension pot ?

 

[west didsblue]

What is regarded as a decent pension pot ?

1 million.

 

[mayo31]

Enough to eat and heat at this rate

I don't mean eat well either.

 

[Blue Til Death]

1 million.

Fuck I’ve only got 9 years to save another £800,000 :-( I’ve probably spent that watching City the last 50 years ... :-)

 

[jacko74]

How do you actually calculate what your pension ''pot'' is?

All the forecasts for my works pension just show the (pitiful) amounts that I'll get per year at 60 or 65.

 

[west didsblue]

How do you actually calculate what your pension ''pot'' is?

All the forecasts for my works pension just show the (pitiful) amounts that I'll get per year at 60 or 65.

As a rule of thumb it's what you'll get per year multiplied by 20.

 

[BlueMoonRisin’]

What is regarded as a decent pension pot ?

Ask Robert Maxwell.

 

[The Northern Baptist]

Depends what you want to get up to during retirement I suppose. £600k would probably give you just over £30k ish

 

[SWP's back]

1 million.

:-)

Yep and drawdown 5% per annum whilst leaving the rest in a cautious portfolio. Lose about 1% to capital erosion each year and should easily last you for life.

 

[SWP's back]

As a rule of thumb it's what you'll get per year multiplied by 20.

20 to 50 at the moment. Depends on the scheme. Just had a 54x.

Won’t last though as 15 year tilt yields can only really rise.