Retirement needs calculator

This level of income will cover all your basic needs in retirement, with some left over for fun.

You’ll be able to budget about £57 a week for groceries, but you probably won’t be able to afford a car. You can allow up to £460 for clothing and footwear every year, with a week-long holiday in the UK.

If you want to be able to afford more in retirement – like a car, foreign holidays or a higher weekly food budget – it’d be a good idea to save more into your pension while you are working.

This level of income will cover all your basic needs in retirement, with some left over for fun.

You’ll be able to afford an average weekly grocery shop of £111, but you probably won’t be able to own and run a car. You should be able to allow up to £441 for clothing and footwear each year. You’ll be able to take a week’s holiday in the UK, but your budget probably won’t stretch to going overseas.

If you want to be able to afford more in retirement – like a car, foreign holidays or a higher weekly food budget – it’d be a good idea to save more into your pension while you are working.

This level of income will cover all your basic needs in retirement, with some left over for fun.

You’ll be able to budget about £57 a week for groceries, but you probably won’t be able to afford a car. You can allow up to £460 for clothing and footwear every year, with a week-long holiday in the UK.

If you want to be able to afford more in retirement – like a car, foreign holidays or a higher weekly food budget – it’d be a good idea to save more into your pension while you are working.

This level of income will cover all your basic needs in retirement, with some left over for fun.

You’ll be able to afford an average weekly grocery shop of £111, but you probably won’t be able to own and run a car. You should be able to allow up to £890 for clothing and footwear each year. You’ll be able to take a week’s holiday in the UK, but your budget probably won’t stretch to going overseas.

If you want to be able to afford more in retirement – like a car, foreign holidays or a higher weekly food budget – it’d be a good idea to save more into your pension while you are working.

This level of income in retirement will give you more financial security and flexibility.

You’ll be able to afford an average weekly grocery shop of around £59 and you’ll probably be able to own and run a three-year-old small car, replaced every seven years. You should be able to budget up to £1,500 for clothing and footwear each year, while your annual holidays could be a fortnight’s three-star all-inclusive holiday in the Med and a long weekend break in the UK.

If you can save more into your pension, doing so will boost your retirement income and get you closer to the ‘comfortable’ living standard. You’d have much more to spend on food, drink and gifts or a newer car, and could get help with cleaning, gardening and DIY. 

This level of income in retirement will give you more financial security and flexibility.

You’ll be able to afford an average weekly grocery shop of £107 and you’ll probably be able to own and run a small three-year-old car, replaced every seven years. You should be able to budget up to £1,269 per year for clothing and footwear. Your holiday plans could include a fortnight’s three-star all-inclusive holiday in the Med, along with a UK long weekend break every year.

If you can save more into your pension, doing so will boost your retirement income and get you closer to the ‘comfortable’ living standard. You’d have much more to spend on food, drink and gifts or a newer car, and could get help with cleaning, gardening and DIY. 

This level of income in retirement will give you more financial security and flexibility.

You’ll be able to afford an average weekly grocery shop of around £59, and you’ll probably be able to own and run a three-year-old small car, replaced every seven years. You should be able to budget up to £1,500 for clothing and footwear each year, while your annual holidays could be a fortnight’s three-star all-inclusive holiday in the Med and a long weekend break in the UK.

If you can save more into your pension, doing so will boost your retirement income and get you closer to the ‘comfortable’ living standard. You’d have much more to spend on food, drink and gifts or a newer car, and could get help with cleaning, gardening and DIY. 

This level of income in retirement will give you more financial security and flexibility.

You’ll be able to afford an average weekly grocery shop of £107, and you’ll probably be able to own and run a small three-year-old car, replaced every seven years. You should be able to budget up to £2,540 per year for clothing and footwear. Your holiday plans could include a fortnight’s three-star all-inclusive holiday in the Med, along with a UK long weekend break every year.

If you can save more into your pension, doing so will boost your retirement income and get you closer to the ‘comfortable’ living standard. You’d have much more to spend on food, drink and gifts or a newer car, and could get help with cleaning, gardening and DIY. 

This level of income in retirement will give you more financial freedom and some luxuries.

You should be able to afford a weekly food shop of £78 and to run a three-year-old small car, replaced every five years. You should be able to spend £1,500 a year on clothing and footwear every year, while your holiday budget could include a fortnight’s three to four-star holiday in the Med and three UK long weekend breaks.

This level of income in retirement will give you more financial freedom and some luxuries.

You should be able to afford a weekly food shop of £139 and to run a three-year-old small car, replaced every five years. You should be able to spend £1,269 a year on clothing and footwear every year, while your holiday budget could include a fortnight’s three or four-star holiday in the Med and three UK long weekend breaks

This level of income in retirement will give you more financial freedom and some luxuries.

You should be able to afford a weekly food shop of £78 and to run a three-year-old small car, replaced every five years. You should be able to spend £1,500 a year on clothing and footwear every year, while your holiday budget could include a fortnight’s three to four-star holiday in the Med and three UK long weekend breaks.

This level of income in retirement will give you more financial freedom and some luxuries.

You should be able to afford a weekly food shop of £139 and to run a small three-year-old car, replaced every five years. You should be able to spend £2,540 a year on clothing and footwear every year, while your holiday budget could include a fortnight’s three or four-star holiday in the Med and three UK long weekend breaks.