How long your savings will need to last
How long do you think you’ll spend in retirement? People tend to underestimate the length of their retirement, but research carried out by the Office of National Statistics in 2015 shows us that people are living longer now than ever before:
- People who are 55 today are likely to live into their eighties
- Around 1 in 10 men, and 1 in 5 women, who are aged 55 now will live to 100
This means that your savings may need to last longer than you think. Use the Office for National Statistics tool to see what this might mean for you.
Manage Your Account
Keeping up to date with your Lifestyle Account is easy with our online service, Manage Your Account.
How much will you need?
Use our helpful tool to get a clearer picture of how much income you might need once you’ve retired.