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

Freeport-McMoRan Inc. (FCX)

NYSE - NYSE Delayed price. Currency in USD

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48.95

-0.66

(-1.33%)

At close: 04:00PM EDT

48.40

-0.55

(-1.12%)

Pre-market:

08:13AM EDT

Major holders

Currency in USD

0.60%	% of shares held by all insiders
82.19%	% of shares held by institutions
82.68%	% of float held by institutions
1,897	Number of institutions holding shares

Holder	Shares	Date reported	% out	Value
Vanguard Group Inc	119,487,609	30 Dec 2023	8.33%	5,848,918,551
Blackrock Inc.	110,693,592	30 Dec 2023	7.72%	5,418,451,412
FMR, LLC	80,082,316	30 Dec 2023	5.58%	3,920,029,429
State Street Corporation	62,903,247	30 Dec 2023	4.39%	3,079,113,988
Capital Research Global Investors	59,752,726	30 Dec 2023	4.17%	2,924,895,983
Fisher Asset Management, LLC	55,656,836	30 Dec 2023	3.88%	2,724,402,164
Price (T.Rowe) Associates Inc	34,490,074	30 Dec 2023	2.40%	1,688,289,148
Geode Capital Management, LLC	26,923,943	30 Dec 2023	1.88%	1,317,927,030
JP Morgan Chase & Company	21,783,742	30 Dec 2023	1.52%	1,066,314,187
Bank Of New York Mellon Corporation	19,605,290	30 Dec 2023	1.37%	959,678,960

Holder	Shares	Date reported	% out	Value
Vanguard Total Stock Market Index Fund	45,080,399	30 Dec 2023	3.14%	2,206,685,565
Vanguard 500 Index Fund	35,026,066	30 Dec 2023	2.44%	1,714,525,957
Capital World Growth and Income Fund	21,249,180	30 Mar 2024	1.48%	1,040,147,377
Growth Fund Of America Inc	19,313,853	30 Mar 2024	1.35%	945,413,119
Fidelity 500 Index Fund	17,198,331	28 Feb 2024	1.20%	841,858,315
SPDR S&P 500 ETF Trust	16,825,494	28 Feb 2024	1.17%	823,607,944
iShares Core S&P 500 ETF	14,918,756	28 Feb 2024	1.04%	730,273,117
Vanguard Index-Value Index Fund	11,948,020	30 Dec 2023	0.83%	584,855,588
New World Fund, Inc.	10,836,695	30 Mar 2024	0.76%	530,456,228
Investment Company Of America	9,910,324	30 Mar 2024	0.69%	485,110,367