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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	1.2452	0.0000	-0.00%
GBPEUR=X	GBP/EUR	1.1635	+0.0007	+0.06%
EURUSD=X	EUR/USD	1.0704	0.0000	-0.00%
GBPJPY=X	GBP/JPY	192.8490	+0.1720	+0.09%
JPY=X	USD/JPY	154.8760	+0.0880	+0.06%
GBP=X	USD/GBP	0.8031	0.0000	0.00%
GBPAUD=X	GBP/AUD	1.9109	-0.0078	-0.40%
GBPBRL=X	GBP/BRL	6.3867	-0.0015	-0.02%
GBPCAD=X	GBP/CAD	1.7014	+0.0009	+0.05%
GBPCHF=X	GBP/CHF	1.1355	+0.0009	+0.08%
GBPCNY=X	GBP/CNY	9.0209	+0.0006	+0.01%
GBPINR=X	GBP/INR	103.7085	+0.0624	+0.06%
GBPNOK=X	GBP/NOK	13.5646	-0.0232	-0.17%
GBPQAR=X	GBP/QAR	4.5320	0.0000	0.00%
GBPZAR=X	GBP/ZAR	23.7774	+0.0247	+0.10%
EURCHF=X	EUR/CHF	0.9758	+0.0002	+0.03%
EURCAD=X	EUR/CAD	1.4621	+0.0003	+0.02%
EURJPY=X	EUR/JPY	165.7280	+0.0810	+0.05%
EURSEK=X	EUR/SEK	11.5666	-0.0001	-0.00%
EURHUF=X	EUR/HUF	392.8800	+0.0500	+0.01%
CAD=X	USD/CAD	1.3664	+0.0003	+0.03%
USDHKD=X	USD/HKD	7.8331	-0.0012	-0.02%
USDSGD=X	USD/SGD	1.3596	-0.0009	-0.07%
INR=X	USD/INR	83.2700	+0.0210	+0.03%
USDMXN=X	USD/MXN	16.9525	+0.0055	+0.03%
EURJPY=X	EUR/JPY	165.7280	+0.0810	+0.05%
CNY=X	USD/CNY	7.2450	+0.0007	+0.01%
CHF=X	USD/CHF	0.9119	+0.0003	+0.04%