Years ago there used to be something called 'The Whittle Formula' which is a simple way (had to be after all those nights in the Tannemor) of working out what you need for your pension pot. It assumes that your mortgage has been paid off, and that your snappers have graduated to the prison of their choice. All you need to do then is multiply the annual sum that you THINK you will require to live a comfortable life style by 23.5. The resulting (frightening) number will pay you the sum you first thought of for 40 years (inflation adjusted), allowing you to tip the vicar your last quid as you get lowered into the hole........
Start saving out of wages boys,.........NOW
