How much do you need for a happy retirement?
Our latest research shows that you need about £1,700 a month for a happy retirement. Working with the Happiness Research Institute, we’ve found that’s how much the happiest retirees have coming in. It supports everything that makes retirement worthwhile, like good health, spending time with family and friends, and enjoying your favourite hobbies.
You can find out more about our joint research project here. And then you can see if your own savings are on track for that kind of retirement, using the tools and resources on this page.
Retirement income calculator
Our pension income calculator provides a helpful estimate of your potential retirement income. How much could you get?
Thinking about taking your pension?
Answer a few simple questions to get a better understanding of what to consider before accessing your pension savings.
Retirement Income Planning Guide
Whether it’s working out what you have, understanding your options or thinking about your next steps, our free Retirement Income Planning Guide can help you plan and pay for the retirement you want.
Articles
What age can I retire?
Whether you're nearing retirement or considering working into your 70s and beyond, there's plenty to think about. We look at a few things that might help you choose the right retirement age.
Annuities vs drawdown
Many of us have spent the last few decades planning and carefully saving for the things that are important to us, whether that’s life’s luxuries, our mortgages and bills, or our plans for the future. As we get older we might have different priorities, but our financial planning for retirement should be just as important.
What tax will I pay on my pension pot?
Need help?
Making well-informed decisions about how to finance your retirement is important so it’s worth shopping around and making use of the guidance and advice services available:
Retirement guidance
Pension Wise from MoneyHelper
The government’s free and impartial service, offering guidance to make money and pension choices clearer for over 50s.
To find out more or book an appointment online click below or call.
0800 011 3797
Monday to Friday 9am to 5pm.
Calls may be recorded and monitored.
Speak with us
Our colleagues in Cardiff are always happy to answer your questions or tell you about our retirement income products.
0800 048 2446
Monday to Friday
9am to 5pm
We may record and monitor calls.
Retirement advice
Retirement Advice Service from Legal & General
Our advisers are experts in retirement regulated by the Financial Conduct Authority, so you can trust them to provide impartial advice and a personal recommendation that’s right for you.
0808 304 9312
Our team is available between 9.00am and 5.00pm, Monday to Friday. Calls may be monitored and recorded.
