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You could buy a three-year-old car replaced every five years. You could spend £23 a month on taxis and £223 a year on train journeys per person.

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Previous: The amount you have suggested is below the Pensions UK minimum level.

Next: You could buy a three-year-old car which is replaced every seven years. You could also have £23 per month for taxis per person and spend around £112 on train journeys per person.