Before starting a retirement plan, it's a good idea to think about how much income you're likely to need when you retire. Think about the lifestyle you'd like to have in the future - holidays, hobbies, time with family and friends.
You may be able to supplement your pension income with other sources of income, such as interest from other savings and investments, share dividends, rental income from property or part-time work.
Your financial adviser will be able to help you work out a realistic figure for you and help you plan how you're going to achieve your retirement goals.
If you don’t already have a financial adviser, there are a number of directories that you can use to search for one in your area and according to their specialisms. Advisers may charge for their services – though they should agree any fees with you upfront.