In Brief: How much financial security do you need for a happy retirement?
Tuesday, 28 January 2025
Financial status plays a significant role in retirement happiness
Retirement is a time many look forward to—a reward for years of hard work with the promise of relaxation and enjoyment. However, a key question persists: how much money is necessary to ensure happiness in retirement? A recent study suggests that the happiest retirees possess a pension pot of approximately £222,000, translating to an average monthly income of £1,700[1]. This income level, which includes a full State Pension, provides an annual income of around £20,400.
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change. Always remember when investing, past performance is not necessarily a guide to future performance and
the value of some investment units can fall as well as rise.
