Be a Pensions Millionarrie
Are you on track to be a Pensions Millionaire https://www.telegraph.co.uk/money/how-you-can-become-pension-millionaire (you have to press Esc whilst it loads to jump the paywall...) O ne million pounds sounds like a life-changing sum, but in reality it might simply be the amount you need to save for the retirement you want. According to the Pensions and Lifetime Savings Association (PLSA), a couple seeking a comfortable retirement would need a pot of up to £460,000 each to fund it. As you might expect, getting there is tough. It is not easy to predict how big your pension pot will be by the time you retire – and saving just a little bit more today, or boosting your investment returns, could make a big difference in a few decades’ time. Check your pension forecast using the calculator below to see how far you are from becoming a pension millionaire, and what you need to do to reach the milestone. A pension pot of £1m used to buy an annuity could generate an in...