How long will my pension need to last?
People are living longer. On average, people aged 55 today will live to their mid-to-late 80s. Around 1 in 10 men and 1 in 5 women this age will live to 100 – and receive their telegram from The Monarch.
Being more informed about how much longer you potentially have to live is no bad thing, especially when it comes to financial planning.
Enter your details in to the Office for National Statistics calculator below and find out your life expectancy, your chance of living to 100… and how long you’ll likely need to make your pension pot last.
Where can I find out more?
If you need more information, please contact us. A pension specialist from our team will be happy to help with whatever pensions-related question you have. Our help is always free.