PLSA Retirement Living Standards update reveals 20% cost of living increase

Rising prices add almost 20% to minimum cost of retirement

Jasmine Urquhart
clock • 6 min read
The cost of retirement has risen by almost 20% in the last year
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The cost of retirement has risen by almost 20% in the last year

The cost of retirement has risen by almost 20% in the last year, the Pensions and Lifetime Savings Association (PLSA) says.

The trade body said its latest inflation update of its Retirement Living Standards (RLS), released today (12 January) said high inflation has meant retirees aiming to achieve a basic standard of li...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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