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How much do you need in your pension to retire at 60 on £30,000 a year? Most people guess somewhere around £750,000. And if you’re working from the standard 4% rule — that’s exactly where you’d land. But that number doesn’t tell the whole story. 🔵 It doesn’t account for the State Pension. 🔵 It doesn’t account for a realistic withdrawal rate. 🔵 And it doesn’t account for the fact that your pot doesn’t have to do the same job every single year of retirement. When you factor all of that in, the
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How much do you need in your pension to retire at 60 on £30,000 a year? Most people guess somewhere around £750,000. And if you’re working from the standard 4% rule — that’s exactly where you’d land. But that number doesn’t tell the whole story. 🔵 It doesn’t account for the State Pension. 🔵 It doesn’t account for a realistic withdrawal rate. 🔵 And it doesn’t account for the fact that your pot doesn’t have to do the same job every single year of retirement. When you factor all of that in, the
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France's pension reform sparks massive protests. Raising the retirement age hits physically demanding jobs hardest, forcing people to work longer in damaging conditions, only to collect pensions for fewer years. #FranceProtests #PensionReform #SocialJustice #WorkLife #Equality
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