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Tesco Retirement Savings Plan

How much will I get?

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At a glance...

  • The Planner can help you work out how much you might get from your retirement savings.
  • What you actually get will depend on a number of factors including how much you decide to save, the investment return on your savings, the age that you choose to retire and how you take your savings.
  • As well as your Tesco retirement savings, consider how much you might get from your State Pension, other pension plans, investments or savings.

How much will I get?

At a glance...

How can I make more of my savings?

  • How you invest your savings can make a big difference to how much money you have in retirement.
  • Your savings are automatically invested in the Tesco Lifestyle Cash Option. Alternative lifestyle options are available, depending on how you want to take your savings at retirement.
  • If you want to stay in the Tesco Lifestyle Cash Option you don’t have to do anything.
  • The Tesco Lifestyle Options have been designed specifically for Tesco colleagues to be low cost and to help maximise returns and minimise risk.
  • Alternatively, you can choose your own investment funds. This can help you to invest your savings to reflect your own circumstances.
  • There are eight different funds for you to choose from, in addition to the lifestyle options.

Investments can go down as well as up.

How can I make more of my savings?