Single or couple, both are shown. Pick your situation.
The short answer
Your pot covers the UK-average annual living cost of £32,700 after a 23-year bridge retirement at 67 (State Pension of £12,548/year included). That works out to roughly £58,000/year before State Pension kicks in. Enough for an average lifestyle, and you could retire in 251 of the 360 places we track.
Annual income from pot
£58,000
4% withdrawal before 67
+ State Pension
£12,548/year
from age 67
Combined from 67
£70,548/year
pot + State Pension, after 23 bridge years
The short answer
£1.45m at 44 covers the cheapest locations we track (the cheapest needs about £1,205,327), but a UK-average lifestyle needs about £1,551,800. The gap is roughly £101,800. See the affordable list below and check what £1.45m buys in your region.
Annual income from pot
£58,000
4% withdrawal before 67
+ State Pension
£25,096/year
from age 67
Combined from 67
£83,096/year
pot + State Pension, after 23 bridge years
144 of the 360 places we track need less than ££1.45m. These are the cheapest:
Your pot of £1.45m exceeds the cost of retirement in these locations, but the places not listed, typically London and the South East, need more.
Change the pot and the age to yours. The verdict updates as you go. No account, nothing to fill in.
Pensions, ISAs and investments combined.
23 years to bridge before the State Pension starts.
The verdict
Likely yes
£1.45m at 44 as a single covers 251 of 360 UK places we track. That is above what an average UK cost of living needs.
That is £58,000 a year drawn from the pot, rising to £70,548 once the State Pension starts at 67.
This assumes you stop paying in today.
Most people reading this are still contributing, with years left to run. Those contributions are missing from the number above, and they are usually what decides whether the date works.
See it with my contributions inFree. No card required.
1 · Bridge the years
Until State Pension at 67, your pot pays for everything. Retiring at 44 means 23 full years of living costs before the pension starts.
2 · Then the pension
From 67 the State Pension (£12,548/year) covers part of living costs, and the remaining gap comes from the pot at a 4% withdrawal rate.
3 · Compare places
We repeat this for all 360 places using each area's annual living costs, then rank them cheapest to priciest. The verdict follows how far your pot goes.
Compare the cheapest and the UK-average retirement targets for a single person at 44.
Cheapest place
£1,006,348
County Durham · your pot covers this
UK-average lifestyle
£1,255,900
£32,700/year living costs · your pot covers this
We estimate the pot you need as the cost of bridging the years until State Pension age (67), plus the years after, when State Pension income covers part of your living costs. A 4% annual withdrawal rate is assumed from your pot. All figures are pre-tax and exclude housing costs you still owe.
Three outcomes: "yes" means your pot covers a UK-average lifestyle (about £38,000/year for a single person) and most places we track; "it depends" means your pot covers some places but not the UK average; "not yet" means your pot is short of even the cheapest place we track. Figures are deliberately conservative.
Yes. The calculation includes the full new State Pension (about £12,548/year for a single person) from age 67. Between your retirement age and 67, your pot is drawn down on its own, which is why retiring earlier needs a larger pot.
Use the couple toggle. A couple receives up to two State Pensions and we assume living costs of about 1.35x a single person (shared housing and bills). This is an illustrative assumption, so treat the couple figures as a guide rather than exact.
Every age and pot combination has its own page. See how the verdict changes nearby.
Adjusted for state pension, ISA bridging, and 25% pension tax-free lump sum. Not a US spreadsheet.
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