Will you be able to afford the future you want?

Last updated 29 September 2023

  • The basics

The Retirement Living Standards, based on independent research by Loughborough University, have been developed to help us to picture what kind of lifestyle we could have in retirement. Are you curious to know where you stand?

More of us are saving in a workplace pension than ever before. We now have more information, more choices, and more responsibility for our retirement savings.

 

But will the future we want be the future we are able to get?

 

To look in more detail at your potential pension income and possible spending while retired take a look at our Lifestyle Modeller.

 

 

To learn more about the data behind these figures, take a look at the Retirement Living Standards, based on independent research by Loughborough University, which has been developed to help us to picture what kind of lifestyle we could have in retirement.

 

 

Introducing the standards

The standards show you what life in retirement looks like at three different levels, and what a range of common goods and services would cost for each level.

 

 

Retirement Living Standards for single people

*These amounts would fund this lifestyle for people living outside London. See The Detail for more information.

 

Retirement Living Standards for couples

*These amounts would fund this lifestyle for people living outside London. See The Detail for more information.

 

 

Isio

We know the world of pensions can be a scary place. So we’re committed to supporting our Clients’ members and helping you understand your choices, helping you to make informed decisions.