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How much is enough to retire?

It's a question that we can't really answer. None of us know how long what financial demands will be placed on us during retirement. We don't even know how long our retirement will last - it could be many decades. There's the unpredictability of the financial markets too, which play a part in how much our pension savings grow over the years leading up to retirement.

With all that uncertainty, having a target level of saving would be a great thing to have. It wouldn’t make hitting that target any easier, but it would allow you to  monitor your progression and make changes along the way to improve your retirement outlook.

With that in mind, Fidelity's retirement calculator can help you understand how much you’ll need to have saved in order to enjoy a retirement that meets your expectations.

Are you on the right road to retirement?

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How much do you need to save for retirement?

Do you know how much savings you’ll need to support the lifestyle you want in retirement? Use our retirement calculator to find out if you’re on track to meet your retirement goals.

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This information is not a personal recommendation for any particular investment, you are responsible for deciding whether an investment is suitable for you. In doing so, please remember that past performance is not a guide to future performance, the performance of funds is not guaranteed and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. You should regularly review your investment objectives and choices and if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser.

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