Want £3,000 a Month in Retirement at 60? Here's What To Do

How big does your pension pot actually need to be to get £3,000 a month in retirement?The answer is roughly £520,000 — nearly four times the average UK pension pot. And if you retire at 60, your pot has to carry everything alone for 7 years before the State Pension arrives. That gap drains about £180,000 before any help kicks in.In this episode, I break down the full drawdown maths year by year, what changes when the State Pension arrives at 67, how phase-based spending keeps your pot alive to 90, and three specific moves that can cut the target by over £100,000.With over 25 years advising individuals and major organisations on pensions and retirement strategy, I've watched clients hit this wall — and most have no idea the gap is that wide.Watch this episode in full on our YouTube channel: https://www.youtube.com/@retirementandmoney