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Retirement lifestyle modeller

The Retirement Living Standards are based on independent research by Loughborough University. Modelling what sorts of goods and services you would like in retirement will help you picture what kind of lifestyle you could have and how much retirement income you may require. When projecting your likely income at retirement, do include both private and state pensions, as well as other savings that may provide you with an income in retirement.

 

Below is the estimated spending:

House

Think about what you spend on rent/ mortgage, household bills, decorating and maintenance, home furnishings, appliances, cleaning and gardening.

£
£
£

Your average monthly spend: £0

Food

Think about what you spend on groceries, eating out and alcohol.

£
£
£

Your average monthly spend: £0

Transport

Think about what you spend on transport, including a car (if you have one), public transport and taxis. Don’t include holiday travel; add that under holiday and leisure.

£
£
£

Your average monthly spend: £0

Holiday and Leisure

Think about what you spend on leisure activities, including TV, computer, internet, subscriptions and holidays.

£
£
£

Your average monthly spend: £0

Clothing and personal

Think about what you spend on clothing and footwear, personal care (cosmetics, toiletries, hairdressing/beauty), and health care (dental, vision and medical).

£
£
£

Your average monthly spend: £0

Helping others

Think about what you spend on gifts, charitable donations and helping others.

£
£
£

Your average monthly spend: £0

Your target retirement income is £0 annually (£0 monthly)