PLSA updates Retirement Living Standards post-Covid

Reflects post-lockdown retirement attitudes

clock • 2 min read
PLSA updates Retirement Living Standards post-Covid

Two years since its last update, the Pensions and Lifetime Savings Association (PSLA) has revealed some changes to its 'rules of thumb' for retirement spending in its Retirement Living Standards, which include a higher personal grooming budget, more money for eating out and the inclusion of a Netflix subscription.

The Retirement Living Standards are pitched at three levels: minimum, moderate and comfortable. They aim to help people picture the lifestyle they look for when they retire while understanding the cost....

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