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How much to live on

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  • Albermarle
    Albermarle Posts: 27,843 Forumite
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    £3.90 for a pint is very reasonable these days, more like 5 or 6 around where I live
    Not if you go in Wetherspoons.
    Even in the more expensive parts of the UK , a typical 'non premium ' Pint is about £2.50/£3 and they usually have a couple even cheaper.
  • Saver73
    Saver73 Posts: 158 Forumite
    100 Posts Second Anniversary Photogenic Name Dropper
    I paid £1.20 for two pints earlier!  :)Albermarle said:
    £3.90 for a pint is very reasonable these days, more like 5 or 6 around where I live
    Not if you go in Wetherspoons.
    Even in the more expensive parts of the UK , a typical 'non premium ' Pint is about £2.50/£3 and they usually have a couple even cheaper.

  • Bravepants
    Bravepants Posts: 1,640 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    They don't generally show sports in the 'Spoons near where I live. It's probably because they think that, coupled with the cheap beer, it could be trouble.
    If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.
  • I've posted this elsewhere, but it's really surprising how much people have to live on when compared to others.

    Roughly speaking for pensioners couples we see (gross incomes).

    Median - £35k
    10th percentile £12k
    90th percentile £60k

    Single people
    Median £20k or so
    10th percentile £10k
    90th percentile £32k

    These are gross incomes before housing costs. 



    Not sure what is meant by this comment. Have more or less to live on than expected? 

    Everybody has different lifestyles and therefore different income reqts, personally I just concentrate on my reqts.
    It's just my opinion and not advice.
  • AlanP_2
    AlanP_2 Posts: 3,519 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've posted this elsewhere, but it's really surprising how much people have to live on when compared to others.

    Roughly speaking for pensioners couples we see (gross incomes).

    Median - £35k
    10th percentile £12k
    90th percentile £60k

    Single people
    Median £20k or so
    10th percentile £10k
    90th percentile £32k

    These are gross incomes before housing costs. 



    From the "we see" comment I guess this is based on the circle of pensioners you know and have asked?

    How large was this survey?
  • It comes from government data freely available.
  • AlanP_2 said:

    From the "we see" comment I guess this is based on the circle of pensioners you know and have asked?

    How large was this survey?
    https://www.gov.uk/government/statistics/pensioners-incomes-financial-years-ending-1995-to-2023/pensioners-incomes-financial-years-ending-1995-to-2023
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  • Bravepants
    Bravepants Posts: 1,640 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    AlanP_2 said:
    I've posted this elsewhere, but it's really surprising how much people have to live on when compared to others.

    Roughly speaking for pensioners couples we see (gross incomes).

    Median - £35k
    10th percentile £12k
    90th percentile £60k

    Single people
    Median £20k or so
    10th percentile £10k
    90th percentile £32k

    These are gross incomes before housing costs. 



    From the "we see" comment I guess this is based on the circle of pensioners you know and have asked?

    How large was this survey?

    We see that the sky is blue and the sun is yellow...no group of persons was surveyed to conclude this.
    If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.
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