What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Currencies

Symbol	Name	Last price	Change	% change
GBPUSD=X	GBP/USD	1.2434	+0.0084	+0.68%
GBPEUR=X	GBP/EUR	1.1623	+0.0034	+0.30%
EURUSD=X	EUR/USD	1.0699	+0.0042	+0.40%
GBPJPY=X	GBP/JPY	192.4550	+1.2680	+0.66%
JPY=X	USD/JPY	154.7900	-0.0270	-0.02%
GBP=X	USD/GBP	0.8043	-0.0054	-0.67%
GBPAUD=X	GBP/AUD	1.9197	+0.0051	+0.27%
GBPBRL=X	GBP/BRL	6.4060	+0.0259	+0.41%
GBPCAD=X	GBP/CAD	1.6992	+0.0078	+0.46%
GBPCHF=X	GBP/CHF	1.1319	+0.0061	+0.54%
GBPCNY=X	GBP/CNY	9.0092	+0.0671	+0.75%
GBPINR=X	GBP/INR	103.5312	+0.6471	+0.63%
GBPNOK=X	GBP/NOK	13.6030	+0.0327	+0.24%
GBPQAR=X	GBP/QAR	4.5236	+0.0297	+0.66%
GBPZAR=X	GBP/ZAR	23.7845	+0.1058	+0.45%
EURCHF=X	EUR/CHF	0.9738	+0.0024	+0.25%
EURCAD=X	EUR/CAD	1.4619	+0.0029	+0.20%
EURJPY=X	EUR/JPY	165.5740	+0.6610	+0.40%
EURSEK=X	EUR/SEK	11.5885	-0.0076	-0.07%
EURHUF=X	EUR/HUF	393.2710	-0.5690	-0.14%
CAD=X	USD/CAD	1.3667	-0.0029	-0.21%
USDHKD=X	USD/HKD	7.8356	-0.0001	-0.00%
USDSGD=X	USD/SGD	1.3614	+0.0003	+0.02%
INR=X	USD/INR	83.2580	-0.0810	-0.10%
USDMXN=X	USD/MXN	16.9920	-0.1270	-0.74%
EURJPY=X	EUR/JPY	165.5740	+0.6610	+0.40%
CNY=X	USD/CNY	7.2440	+0.0015	+0.02%
CHF=X	USD/CHF	0.9104	-0.0016	-0.17%