Pension- will we be ok?

[ineedtostopbeingdramaticfirst]

So dh and I have a joint income of around 72k we have a house which has about 15 years left to pay on it. We are 40 and have 1 child.

We have recently checked our pension pots. Doing an online calculation dh is predicted 25k a year at retirement and mine is 12.5k plus11.5k each state pension so an annual pension total of about 55k.

Obviously it's less than we have now but we will have no mortgage and no children.
But everything is likely to be more expensive in 28 years time.

If we can afford to we will increase our payments but does this sound ok to live on?

Regarding inflation, check the illustration to see whether the amount is in "today's money" or not. If it is that means that the amount you actually get will be increased in line with inflation between now and then, so whilst 55k will buy less you'll actually get more than 55k.