The median wealth in pensions not yet in payment for individuals in Great Britain aged 55 years and older has been increasing significantly. From April 2018 to March 2020, respondents of 55 to 64 years old accumulated roughly 107,300 British pounds for their retirement. It can also be observed how pension wealth increases with age.
Median wealth in pensions not yet in payment in Great Britain from 2006 to 2020, by age
(in 1,000 GBP)
Characteristic
16 to 24 years old
25 to 34 years old
35 to 44 years old
45 to 54 years old
55 to 64 years old
65 years and older
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Office for National Statistics (UK). (January 7, 2022). Median wealth in pensions not yet in payment in Great Britain from 2006 to 2020, by age (in 1,000 GBP) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1368985/value-of-active-pensions-great-britain-by-pension-type-and-age/
Office for National Statistics (UK). "Median wealth in pensions not yet in payment in Great Britain from 2006 to 2020, by age (in 1,000 GBP)." Chart. January 7, 2022. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1368985/value-of-active-pensions-great-britain-by-pension-type-and-age/
Office for National Statistics (UK). (2022). Median wealth in pensions not yet in payment in Great Britain from 2006 to 2020, by age (in 1,000 GBP). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1368985/value-of-active-pensions-great-britain-by-pension-type-and-age/
Office for National Statistics (UK). "Median Wealth in Pensions Not yet in Payment in Great Britain from 2006 to 2020, by Age (in 1,000 Gbp)." Statista, Statista Inc., 7 Jan 2022, https://www.statista.com/statistics/1368985/value-of-active-pensions-great-britain-by-pension-type-and-age/
Office for National Statistics (UK), Median wealth in pensions not yet in payment in Great Britain from 2006 to 2020, by age (in 1,000 GBP) Statista, https://www.statista.com/statistics/1368985/value-of-active-pensions-great-britain-by-pension-type-and-age/ (last visited July 27, 2024)
Median wealth in pensions not yet in payment in Great Britain from 2006 to 2020, by age (in 1,000 GBP) [Graph], Office for National Statistics (UK), January 7, 2022. [Online]. Available: https://www.statista.com/statistics/1368985/value-of-active-pensions-great-britain-by-pension-type-and-age/
