To get our hands on it, all we have to do is turn 65 and last the distance in terms of life expectancy. GRANNY AND GRANDDAD ARE EXPENSIVEA woman aged 65 today is expected to live to age 89. It's akin to winning Lotto at the tender age of 65. How much would we need to save ourselves to create a pension pot that could recreate this annuity? Inflation risk, as 1.5 per cent is only an estimate so we'd lose purchasing power.

Source: Stuff July 18, 2019 18:00 UTC