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  • EdInvestor
    • #2
    • 2nd Jan 08, 5:11 PM
    • #2
    • 2nd Jan 08, 5:11 PM
    Look at 100k per 5k of income: so if you want an income of 20k, you'll need 400k in the pot.

    If you want fancy add-ons like index linking for inflation, spouse and dependants pensions and guarantees, be prepared to pay a lot more. For instance the basic state pension would cost about 150k if bought on the open market.
    • dunstonh
    • By dunstonh 2nd Jan 08, 5:20 PM
    • 87,298 Posts
    • 52,475 Thanks
    dunstonh
    • #3
    • 2nd Jan 08, 5:20 PM
    • #3
    • 2nd Jan 08, 5:20 PM
    5% is a good guide for income. Its historically always been achievable.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from a Financial Adviser local to you.
  • TTMCMschine
    • #4
    • 2nd Jan 08, 5:22 PM
    • #4
    • 2nd Jan 08, 5:22 PM
    Thanks guys.
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