The latest update of the Retirement Living Standards (RLS) shows a decrease in the cost of the minimum retirement lifestyle, down to £21,600 per year for a two-person household, due to the impact of lower energy prices and changes in the public’s expectations for this standard.
Read the full new story here
Retirement Living Standards in the UK: 2024 update
Costs for minimum retiree needs have fallen while moderate and comfortable standards see modest rises