Trustnet Magazine 58 January 2020 | Page 50

Data hub 50 x / / x 51 Crunching the biggest trends down into figures Make yourself comfortable: Costing your retirement expenditure Minimum Moderate Comfortable £10,200 a year £20,200 a year £33,000 a year More financial security and flexibility More financial freedom and some luxuries DIY maintenance and decorating one room a year Some help with maintenance and decorating each year Replace kitchen and bathroom every 10/15 years A £38 weekly food shop A £46 weekly food shop A £56 weekly food shop No car Three-year-old car replaced every 10 years Two-year-old car replaced every five years What standard of Covers all your living could you needs, with some have? left over for fun HOUSE  FOOD & DRINK TRANSPORT  HOLIDAYS & LEISURE  CLOTHING & PERSONAL  HELPING OTHERS A week and a long Two weeks in weekend in the Europe and a long Three weeks in UK every year weekend in the UK Europe every year every year £460 for clothing £750 for clothing and footwear each and footwear each year year £10 for each birthday present £30 for each birthday present £1,000 - £1,500 for clothing and footwear each year £50 for each birthday present Sources: PLSA. Figures for a single person living outside of London, with no rent or mortgage to pay TRUSTNET trustnet.com