Savers aged 20 need to put away £131 every month into a defined contribution (DC) pot to achieve a £26,000 annual income in retirement, Which? research has suggested.
The figure rises to £198 for 30-year-olds, £338 for 40-year-olds, and £633 for 50-year-olds, and assumes 20% tax relief, 3% investment growth, and a state pension top-up. Saving this amount woul...
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