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Target income at retirement

Your target income at retirement is the annual income you wish to receive from your pension when you retire.


Deciding your target income really depends on what kind of lifestyle you hope to have during your retirement. As a general rule, it is recommended that you aim to have an annual income at retirement of 66% of your final salary. This should provide you with a good standard of living when you retire.

Our Pensions Calculator can help you plan for your income in retirement