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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

Industrial Select Sector SPDR ETF (XLI)

NYSEArca - Nasdaq Real-time price. Currency in USD

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123.07

+1.69

(+1.39%)

At close: 04:00PM EDT

123.33

+0.26

(+0.21%)

After hours:

07:50PM EDT

In the money

Show:ListStraddle

Strike:80.00

Calls

26 April 2024

Puts

Last price	Change	% change	Volume	Open interest	Expiry date	Last price	Change	% change	Volume	Open interest
41.05	0.00	-	3	9	2024-06-21	0.09	0.00	-	1	1,608
24.30	0.00	-	3	16	2024-09-20	0.17	0.00	-	2	47
-	-	-	-	-	2024-12-20	0.40	0.00	-	2	3
43.72	0.00	-	3	4	2025-01-17	0.40	-0.08	-16.67%	2	2,267
-	-	-	-	-	2025-06-20	0.66	0.00	-	2	823
-	-	-	-	-	2026-01-16	1.31	0.00	-	1	2