..."The annual cost of retirement has increased across all standards of living, according to new figures from Pensions UK.

A ‘minimum’ standard of living for a retiree who lives alone now costs £13,900 a year – up £500 from last year. A comfortable retirement for a two-person household now costs £62,700, an increase of £2,100 from 2025."... 

..."While two people receiving the full state pension will have enough to achieve a minimum standard of living, retirees who live alone must rely on additional savings to fill the gap. In 2026-27, the full state pension is worth around £12,548 a year, around £1,350 short of the minimum annual expenditure for a one-person household."... 

Pensions UK says that around 82% of the working population are expected to reach the minimum standard of living in retirement, with just 23% ... expected to reach the moderate (amount).  

Source: Which Guide headed The annual cost of a comfortable retirement has risen by £2,000
New figures highlight the challenges many face to save enough for retirement, with just 9% on track to afford a 'comfortable' lifestyle. 

Our petition campaign includes policy for living state pension: 

• Pay, for example, £547.60 per week state pension (2025-26 rate), which is £2,190.40 per month, and equals £26,284.80 per year. 

This is almost equal to a moderate, middle pension income of 
£32,700 single person household, but our petition also demands state pension is tax free by not factored into your income tax. 

Please sign and share our petition: 

https://www.change.org/p/demand-grey-swans-pension-pensioner-policies-in-jeremy-corbyn-s-new-party/