People need an annual income of 44,000 in retirement for comfortable lifestyle

Daily Record

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Summary

For a comfortable retirement, a single person would need 43,900, up by 800 from 43,100 previously, and a two-person household would need 60,600 – a 1,600 annual increase from 59,000. The retirement living standard amounts for 2024/25 were calculated by the Centre for Research in Social Policy at Loughborough University on behalf of the PLSA.

Source: Daily Record

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