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

Cintas Corporation (CTAS)

NasdaqGS - NasdaqGS Real-time price. Currency in USD

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665.00

+3.71

(+0.56%)

At close: 04:00PM EDT

666.97

+1.97

(+0.30%)

Pre-market:

08:00AM EDT

Major holders

Currency in USD

14.99%	% of shares held by all insiders
67.90%	% of shares held by institutions
79.87%	% of float held by institutions
1,568	Number of institutions holding shares

Holder	Shares	Date reported	% out	Value
Vanguard Group Inc	10,299,288	30 Dec 2023	10.16%	6,849,026,520
Blackrock Inc.	7,199,881	30 Dec 2023	7.10%	4,787,920,865
State Street Corporation	3,767,482	30 Dec 2023	3.72%	2,505,375,530
FMR, LLC	2,324,552	30 Dec 2023	2.29%	1,545,827,080
Geode Capital Management, LLC	2,207,709	30 Dec 2023	2.18%	1,468,126,485
Norges Bank Investment Management	1,448,404	30 Dec 2023	1.43%	963,188,660
Price (T.Rowe) Associates Inc	1,191,559	30 Dec 2023	1.18%	792,386,735
Impax Asset Management Group Plc	1,126,123	30 Dec 2023	1.11%	748,871,795
Fort Washington Investment Advisors, Inc.	1,062,205	30 Dec 2023	1.05%	706,366,325
Invesco Ltd.	1,049,089	30 Dec 2023	1.03%	697,644,185

Holder	Shares	Date reported	% out	Value
Vanguard Total Stock Market Index Fund	2,713,336	30 Dec 2023	2.68%	1,804,368,440
Vanguard 500 Index Fund	2,114,629	30 Dec 2023	2.09%	1,406,228,285
Vanguard Mid-Cap Index Fund	1,940,521	30 Dec 2023	1.91%	1,290,446,465
Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF	1,921,847	28 Feb 2024	1.90%	1,278,028,255
Fidelity 500 Index Fund	1,038,343	28 Feb 2024	1.02%	690,498,095
SPDR S&P 500 ETF Trust	1,015,041	28 Feb 2024	1.00%	675,002,265
iShares Core S&P 500 ETF	900,744	28 Feb 2024	0.89%	598,994,760
Franklin Managed Trust - Rising Dividends Fund	815,023	30 Dec 2023	0.80%	541,990,295
Vanguard Growth Index Fund	793,460	30 Dec 2023	0.78%	527,650,900
Fidelity Magellan Fund Inc	668,484	28 Feb 2024	0.66%	444,541,860