A survey of 7,000 retirees by consumer organisation Which? estimates those looking for a comfortable retirement need a pension pot of between £192,000 and £305,000 depending on whether they use pension drawdown or an annuity. In terms of income this equates to £19,000 per year to live comfortably when retired.
A survey of 7,000 retirees estimates those looking for a comfortable retirement need a pension pot of between £192,000 and £305,000