Home › Retirement Lifestyle Modeller

Retirement lifestyle modeller

The Pensions and Lifetime Savings Association (PLSA) have developed the Retirement Living Standards to help us to picture what kind of lifestyle we could have in retirement. The standards show you what life in retirement looks like at the three di­fferent levels, and what a range of common goods and services would cost for each level.

 

Explore them below:

House

Think about what you spend on rent/ mortgage, household bills, decorating and maintenance, home furnishings, appliances, cleaning and gardening.

£
£
£

Your average monthly spend: £0

Food

Think about what you spend on groceries, eating out and alcohol.

£
£
£

Your average monthly spend: £0

Transport

Think about what you spend on transport, including a car (if you have one), public transport and taxis. Don’t include holiday travel; add that under holiday and leisure.

£
£
£

Your average monthly spend: £0

Holiday and Leisure

Think about what you spend on leisure activities, including TV, computer, internet, subscriptions and holidays.

£
£
£

Your average monthly spend: £0

Clothing and personal

Think about what you spend on clothing and footwear, personal care (cosmetics, toiletries, hairdressing/beauty), and health care (dental, vision and medical).

£
£
£

Your average monthly spend: £0

Helping others

Think about what you spend on gifts, charitable donations and helping others.

£
£
£

Your average monthly spend: £0

Your target retirement income is £0 annually (£0 monthly)

Updated May 03, 2024

Model your options with our Pension Options Calculator
  • The basics

Updated April 19, 2024

The retirement basics
  • The basics

Updated September 29, 2023

Will you be able to afford the future you want?
  • The basics