In addition to her State Pension, Alex needs her TPT pension savings to cover her expenses. She's thinking of taking her TPT savings from her State Pension age of 68 and will need these savings to last around 20 years. She's looked at her TPT pension statement and is on track to get £3,000 each year from TPT.
Alex runs through the TPT video quiz and sees she's somewhere between a minimum and moderate lifestyle.
She decides to log in to her Retirement Savings Account and use the modelling tool to experiment with the different options available to her, and check if her savings are on track.
With her State Pension she may have enough, but by using the calculator realises she'll need to save more because she'd like to be closer to the moderate lifestyle standard.