How to use a pension calculator as a quick and dirty way of identifying the holes in your retirement plan.
The Accumulator
It’s the age old question — do you buy a bikini or new pair of Ray-bans now, or do you put the money aside for a nice cardie or a new pair of glasses when you’re 70?
There’s little as daunting in life as thinking seriously about living in old age when you’re still young enough to do something about it.
How much income will you need when you retire? Pieces of string come in all different lengths, but here’s a few pointers to working out your requirements.