how much money do i need to retire uk

Using the 70 per cent rule he estimates he needs an income of 40000 a year in retirement. Thats how much you need to retire at the most.

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How much money do I need to retire at 55.

. Without undue risk and as long as you have skills that can be used to earn money eventually in the future hint. Plan to retire at 55. Ive got more than that plus various safety margins in the lifestyle so all is good. He earns 60000 a year and would like to maintain a similar lifestyle after retiring at 55.

To see how all these questions work in practice lets consider Craig. A 25000 spender like me needs 625000. You do I can even advocate an SWR of 5.

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