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Does anyone live on £1,000 per month?

(152 Posts)
LaCrepescule Sun 19-Jun-22 09:42:45

I’m thinking of retiring a year early due to ill health and my combined pension would be just under £1,000. I’ve paid off my mortgage. Do you think this is enough to live on? When I reach state pension age in just over a year’s time, this will go up to just under £1,600 so would only be doing this for a year.

mrsnonsmoker Mon 14-Nov-22 01:19:47

@Sandytoes I was wondering that too? Great thread though; I'd just worked out I'd have £1k a month to live on (and that won't change). I was asking myself will that be ok, I'm fairly reassured, as long as you have your own place no rent or mortgage it seems feasible.