GITNUX MARKETDATA REPORT 2024
Statistics About The Average Uk Pension Pot
The average UK pension pot stands at around £61,897 as of 2021.
In this post, we will explore a comprehensive overview of UK pension pot statistics at various age ranges, gender disparities, public sector comparisons, and the overall state of pension savings and awareness among UK citizens. From the average pension pot values to the percentage of individuals clueless about their retirement savings, these statistics shed light on the current pension landscape in the UK.
Statistic 1
"The average UK pension pot at retirement is worth £61,897."
Statistic 2
"The average pension pot in the UK stands at £50,000 for those aged 55 to 64."
Statistic 3
"Over a fifth (21%) of individuals with a pension in the UK have no idea how much is in their pot."
Statistic 4
"As of 2021, 45% of UK citizens aged 35-54 have no pension savings."
Statistic 5
"In the 60-64 age range, the median pension pot value is £156,500."
Statistic 6
"For people aged 55-59, the median UK pension pot value is £104,000."
Statistic 7
"In the 50-54 age range, the median pension pot value is £51,100."
Statistic 8
"For people aged 45-49, the median UK pension pot value is £24,600."
Statistic 9
"66% of workers over the age of 55 don't know how much they need to save for retirement."
Statistic 10
"In London, the average pension pot upon retirement is £91,000."
Statistic 11
"Out of 1,200 respondents, 30% didn’t know the value of their pension pot and 45% didn’t know how much it will provide them with in retirement."
Statistic 12
"Women’s average pension pot is £35,800, compared with men’s average of £51,100."
Statistic 13
"UK university graduates have an average pension pot of £37,800."
Statistic 14
"45% of UK workers anticipate that they will need at least £500k in their pension pot to live comfortably in retirement."
Statistic 15
"Around 41% of UK workers do not contribute to a pension plan."
Statistic 16
"Approximately 59% of UK adults are actively saving for retirement."
Statistic 17
"The average UK pension pot at age 65 is valued at £105,496."
Statistic 18
"67% of people in the UK have more than one pension pot."
Statistic 19
"The UK’s average public sector pension pot is £79,000."
Statistic 20
"Approximately 9% of people in the UK have lost track of at least one pension pot."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
