Comfort from £15,000 a Year

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A study by NEST,  reported yesterday, gave an insight into how much money it takes to make people feel comfortable in retirement. It seems that with a pension income of £15,000 per annum most people in the UK feel content. Below that level and they struggle to pay bills, whilst interestingly above £40,000 per annum there is no additional happiness benefit. 


I'm assuming that the simple moral of that research is that so long as you have sufficient income to avoid worrying about the basic necessities of life (a roof over your head, food and clothing), you then cut your cloth according to your means and can enjoy whatever excess you have. I'll soon find out.

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