When should you start thinking about retirement?
There’s a lot of noise out there around this question and much of it is based on narrow assumptions of lifestyles.?
￡12,800, ￡23,300 and ￡37,300 per year are the figures you’ll most commonly see as what’s required for a minimum, moderate and comfortable retirement, respectfully, but these all assume you have no rent or mortgage to pay in retirement, whereas the Resolution Foundation has said a third of the population will be in rented accommodation for their entire lives.
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