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Dominic Browning, Managing Director — Posted by Dom Browning
06/01/25

News, Resources, Insight and Opinion from Browning Financial Planning

The Rule of 300

Dominic Browning, Managing Director — Posted by Dom Browning
06/01/25

People often ask me how much money they need to accumulate at retirement to provide an income for the rest of their life.

A simple way to assess how much will be "enough" is to multiply the required monthly income by 300. So, if you want £2000 a month as a pension/investment income, you would need to accumulate £600,000 in your pot at retirement.

This is based on taking a withdrawal of 4% per annum from your portfolio. Investing in the right asset classes will make this easier to achieve. Some people wish to leave a legacy, others not. This too will affect the amount of capital required.

Whilst this is a rule of thumb, nothing beats proper financial planning using cashflow software, which is by far the best way to get some idea on whether you are going to be "okay" or not.

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