Pension statistics: What is the average pension pot in the UK?
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Retirement planning: How to prepare - Royal London
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Most people are shocked when they see these numbers. The average 65-year-old in the UK retires on £17,500–£21,500 a year. That includes the full State Pension and whatever they’ve managed to build through work. And here’s the truth: Your lifestyle doesn’t suddenly get cheaper when you retire. Travel, hobbies, bills, food, insurance — they all keep rising. That’s why retirement shouldn’t feel like a pay cut. But for millions of people, it does. Because nobody ever showed them how to turn a lifeti
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Most people are shocked when they see these numbers. The average 65-year-old in the UK retires on £17,500–£21,500 a year. That includes the full State Pension and whatever they’ve managed to build through work. And here’s the truth: Your lifestyle doesn’t suddenly get cheaper when you retire. Travel, hobbies, bills, food, insurance — they all keep rising. That’s why retirement shouldn’t feel like a pay cut. But for millions of people, it does. Because nobody ever showed them how to turn a lifeti
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