Pension fund performance - do you monitor yours, how is it doing, do you actively change it?

[slinxy]

Pension calculator tells you what to expect, statistically:

Life expectancy calculator - Office for National Statistics

Enter your age and sex in our calculator to find out your life expectancy, and the likelihood of you living to be 100 years old.

www.ons.gov.uk

It also tells you what ages you have a 25% chance of living until, and 10% chance of living until. So it's a balancing act to have enough for what you expect, and a bit of contingency in case you live longer. You can estimate where you are vs the average based on knowing your own risk factors.

It's still guesswork though really...

That's just based on the countries average, I think genetics and condition of your life style can help predicting life expectancy more than a countries average.

I think I'll be looking at an annuity till I'm 85 and looking at drawing down all my pension pots at 90.
If I live longer than 90, then I should have enough saved in ISAs and saving accounts to see me to the line, if not then it be an nice bonus to members of the family.

 

[mattx4]

Pension calculator tells you what to expect, statistically:

Life expectancy calculator - Office for National Statistics

Enter your age and sex in our calculator to find out your life expectancy, and the likelihood of you living to be 100 years old.

www.ons.gov.uk

It also tells you what ages you have a 25% chance of living until, and 10% chance of living until. So it's a balancing act to have enough for what you expect, and a bit of contingency in case you live longer. You can estimate where you are vs the average based on knowing your own risk factors.

It's still guesswork though really...

So it says if I'm male I'll live to 84 and if I'm female I'll live to 87. I have a 75% chance of making 75 so I guess I'll transition at that age to get the extra female years