Average pension pot by age The Office for National Statistics (ONS) has data on how much the average pension pot is worth for seven different age groups.

Table of Contents Overall average Upward trajectory Average pension savings by age Average pension pot size by income Pension savings by region Gender pension gap Keeping on top of your pension ...

The average age women can expect to empty their pension pot – and why it is younger than men Some female retirees could end up with a 14-year shortfall between their private pension funds ...

State pension forecasts can be showing more income than the individual will receive, since it will include contracted out savings even though if these are cashed out by the individual.

The gap between what women earn and save compared to men continues to grow according to Office for National Statistics figures released today.

'I'm 60 with £235k in pension pot - can I retire at the age of 65?' The individual said that he has a salary of £62,000 and is currently paying four percent of this into a company private ...

PENSION pots will vary in size depending on a variety of factors. And experts have explained the options available to every saver, depending on their circumstances.

For instance, the IFoA estimates that for a young saver, starting a pension at age 35 instead of 25 could mean their pot is only £500,000 at retirement instead of £800,000.

Couples without children can double the size of their pensions if they put the money saved on raising a family into their retirement fund.

According to the researchers, the average pension pot required for a basic standard of living in older age has jumped from £68,300 in 2020-21 to £107,800 in 2023-24.

How does your pension pot compare to your peers? We delve into the data and reveal the average pension pot for different age groups.