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How much to save for retirement?

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  • worcester1
    worcester1 Posts: 159 Forumite
    Hi Jonathon, Can you please do mine - tell me roughly how much I can expect on retirement.

    I am 37 and only started into my company pension (only pension) when I turned 34. I have since been paying £150 me & £150 my company (£300 pm).

    Although I expect my wages to go up in the next near or two and lot more in years to come - hence more contribution from me and my employer.

    Based on my current contribution how much can I expect?

    Thanks in adavance
  • PM your e-mail and I'll send you my spreadsheet - you'll need to manipulate the sheet a bit (adding or removing lines and the copying the formulas if need be).

    Jonathon
    I have worked for 5 years as a Pension Administrator and then a further year in a non-administrator pension role. I am not (and never have been) an adviser. Do not take anything I say as advice, it is information given on the best of my knowledge.
  • worcester1
    worcester1 Posts: 159 Forumite
    Thanks JH - I have PM you my email address. Looking forward to it and thanks in advance
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