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	1.2454	+0.0002	+0.02%
GBPEUR=X	GBP/EUR	1.1636	+0.0008	+0.07%
EURUSD=X	EUR/USD	1.0705	+0.0001	+0.01%
GBPJPY=X	GBP/JPY	192.8540	+0.1770	+0.09%
JPY=X	USD/JPY	154.8540	+0.0660	+0.04%
GBP=X	USD/GBP	0.8029	-0.0001	-0.02%
GBPAUD=X	GBP/AUD	1.9102	-0.0084	-0.44%
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	+0.0010	+0.09%
GBPCNY=X	GBP/CNY	9.0224	+0.0021	+0.02%
GBPINR=X	GBP/INR	103.7294	+0.0833	+0.08%
GBPNOK=X	GBP/NOK	13.5693	-0.0185	-0.14%
GBPQAR=X	GBP/QAR	4.5320	0.0000	0.00%
GBPZAR=X	GBP/ZAR	23.7666	+0.0139	+0.06%
EURCHF=X	EUR/CHF	0.9758	+0.0003	+0.03%
EURCAD=X	EUR/CAD	1.4621	+0.0004	+0.02%
EURJPY=X	EUR/JPY	165.7350	+0.0880	+0.05%
EURSEK=X	EUR/SEK	11.5687	+0.0020	+0.02%
EURHUF=X	EUR/HUF	392.8900	+0.0600	+0.02%
CAD=X	USD/CAD	1.3662	+0.0001	+0.01%
USDHKD=X	USD/HKD	7.8332	-0.0011	-0.01%
USDSGD=X	USD/SGD	1.3595	-0.0010	-0.08%
INR=X	USD/INR	83.2750	+0.0260	+0.03%
USDMXN=X	USD/MXN	16.9452	-0.0018	-0.01%
EURJPY=X	EUR/JPY	165.7350	+0.0880	+0.05%
CNY=X	USD/CNY	7.2449	+0.0006	+0.01%
CHF=X	USD/CHF	0.9118	+0.0002	+0.02%