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How much money is enough for a good later life?

The stated aim of the new state pension is to provide a basic level of income, which people are expected to top up with private pension income. When asking what makes for an adequate income in later life, the best test of the role of the state pension is how well it serves those who are reliant on it as their main or only source of income in later life.

Stack of coins

Claire Turner, Director of Evidence at Ageing Better, looks at how much money is needed for an adequate income in later life and what the role of the state pension is.

Claire Turner
Director of Evidence (job share)