Help understanding my standing
Hi
So I am trying to work out if I am on target to retire at 60. Details below
Age: 43
Pension pot 1: 200,000 Scottish widows not investing anymore
Pension pot 2: 5,000 investing £620 per month
My contribution is 10% matched by company (10% is max matched)
Is it worth upping to 11%?
Should pay mortgage off at 60.
I dont spend huge amounts so won't need a lot in retirement. My partner should have a nice Pension herself from DB Pension.
I dont know if small % increases are worth it at moment vs overpaying mortgage and getting that down faster.
I have used online calculators and get estimates between a total pot of £350k and £530k at 60!
Any advice is appreciated.
Posted Apr 5, 2026, 3:12 PM UTC
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