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Statistics/Pension Pots
Pension Pots · Published August 2026

How much is in the average UK pension pot at your age?

You are 41. Two kids. A workplace pension statement you have not opened in two years. The number below is the one you have been quietly trying not to think about.

For UK adults aged 55 to 64, the median private pension pot is £137,800. Half of savers in that age band have less than that. The gap between the typical pot and what people assume is "average" is most of the story on this page.

Last updated 01/08/20266 headline stats · 10 regions

The headline numbers

Six figures, each sourced and linked in the methodology below, that describe where the country actually stands on pension savings in 2026. None of them are reassuring on their own. Read them together and the picture sharpens.

£145,900

Median private pension wealth for UK adults aged 65 to 74, among those with a pension pot. ONS Wealth and Assets Survey, Round 8.

35%

Gender pension gap in private pension wealth. Women in their 50s hold pots roughly a third smaller than men of the same age.

67%

Of UK adults do not check their pension annually, only around a third do. The pension is the largest single financial asset for most households.

1.8x

Difference between the average pension pot in the South East and in Northern Ireland, the highest- and lowest-scoring UK regions.

£137,800

Median private pension wealth for UK adults aged 55 to 64. The number to plan against, not a mean pulled up by a small number of very large pots.

£31.1bn

Estimated value of lost and unclaimed pension pots in the UK. Forgotten workplace schemes are the largest single leakage in retirement saving.

Median pension pot by age

Median private pension wealth rises steeply through people's 30s, 40s and 50s, then levels off after 65. For those aged 35 to 44, the median pot is £39,500. By 45 to 54, it is £80,000. By 55 to 64, it reaches £137,800. By 65 to 74, it is £145,900. These figures cover people who have some pension savings; anyone with no pension pot at all is excluded, so the median for the whole population, savers and non-savers together, is lower.

Ages 35 to 44

Early to mid-career
Median
£39,500

Ages 45 to 54

Mid-career compounding
Median
£80,000

Ages 55 to 64

Pre-retirement
Median
£137,800

Ages 65 to 74

At and just after retirement
Median
£145,900

Source: ONS, Wealth and Assets Survey Round 8, Pension wealth: wealth in Great Britain, April 2020 to March 2022, published January 2025

Why we use the median, not the average

A small number of very large pots pull the mean (average) up well above what a typical saver holds. The median is the figure for the person in the middle of the range, and it is the one that best describes what most UK households actually have.

For planning purposes, use the median. The average is the number that makes headlines. The median is what to plan against.

What the median means in real income

A £137,800 pot, the median for someone aged 55 to 64, drawn down at the standard 4% rate, produces around £5,500 a year in retirement. Adding the £12,548 full new State Pension (2026/27 rate) brings the typical retirement income to roughly £18,000 a year. For most households, that is well below what they were earning before retirement, and well below the income most people say they need.

Pension pots by region

Where you live in the UK still shapes what you save. Savers in the South East hold average pension pots roughly 1.8 times the size of those in Northern Ireland, the lowest-scoring UK nation. The difference reflects regional pay, employer contribution rates, and how long people have been saving into a workplace pension.

RegionAverage Pot (All Ages)Note
South East£27,727Highest average in the UK
London£25,838Above UK average
South West£21,344Close to UK average
UK Average£21,875Reference point (all ages)
East Midlands£19,476Below UK average
West Midlands£19,321Below UK average
Scotland£19,113Below UK average
North East & Yorkshire£17,957Below UK average
Wales£17,435Below UK average
North West£17,082Below UK average
Northern Ireland£15,118Lowest average in the UK

The South East premium

The South East and London hold the highest average pension pots in the UK, at £27,727 and £25,838 respectively. Higher regional pay and a greater concentration of higher earners saving into workplace pensions both contribute to the gap.

The regional divide

Northern Ireland has the lowest average pot, at £15,118, well below the £21,875 UK average. The North West, Wales and the North East and Yorkshire region are also below the UK average, reflecting historic industry composition and lower average pay.

Source: PensionBee, Pension Landscape 2025, published 10 September 2025

The gender pension gap

Women in their 50s and 60s hold private pension wealth around 35% lower than men of the same age. It is not one cause. It is a lifetime of compounding career breaks, part-time work patterns, the gender pay gap, and auto-enrolment contributions tied to lower earnings. Read together, they become the number below.

35%

Gender pension gap in private pension wealth

What the gap reflects

A separate, independently-run study finds a similar picture in pot sizes directly: Scottish Widows' 2025 research puts the median private pension at retirement at £173,000 for women against £286,000 for men, a gap of £113,000 (32%), which translates to thousands of pounds less annual income in retirement.

The gap is widest in the 50 to 65 age group. For women under 40, the picture is improving as auto-enrolment builds contributions from earlier in their careers, but the lifetime cost of career breaks still compounds across decades.

Source: Pensions Policy Institute, The Underpensioned: Defining the Gender Pension Gap, February 2024

£113k

Gap between women's and men's median private pension pot at retirement (Scottish Widows, 2025)

3x

Women are more than three times as likely as men to work part-time, reducing pension contributions

12x

Women are twelve times more likely than men to take a career break for childcare (36% vs 3%)

Sources: Standard Life; Scottish Widows, Women and Retirement Report 2025, via DIY Investor

Who actually checks their pension?

Around two-thirds of UK adults do not check their pension in any given year. The pension is the largest single financial asset for most UK households, and it receives the least active attention. The reasons are not laziness. They are the same reasons that show up in every other corner of personal finance: complexity, anxiety, distance, inertia.

67%

Do not check annually

Of UK working-age adults do not review their pension statement in any given year. Their pot grows, or shrinks, without their awareness.

33%

Check annually

Of UK adults, roughly one in three, actively review their pension at least once per year. This group is more likely to make additional contributions and consolidation decisions.

Reasons people do not check their pension

  • Complexity: Multiple pots from previous employers, unclear statements, jargon that nobody explains
  • Anxiety: Prefer not to know how little they have saved
  • Distance: Retirement feels far away for those in their twenties and thirties
  • Inertia: Auto-enrolment means no action is required to keep saving
  • Trust: Distrust of pension providers following historic scandals
  • Time: Logging into multiple provider portals is inconvenient

Source: Money and Pensions Service (MaPS), 2024; Delphina UK Parents Financial Worries, 2026

The cost of not checking

Forgotten pots are the largest single leakage in UK retirement savings. The Pensions Policy Institute estimates there is over £31.1 billion in lost and unclaimed pension pots, across an estimated 3.3 million pots. People who do not review their pension are also less likely to consolidate old workplace schemes, missing out on lower fees and clearer projections.

MONTHLY ACTION

What to do this month

Reading the numbers is the start. The action is short, specific, and doable before the end of the month.

Step 1

Find your state pension forecast

Log into gov.uk and check your State Pension forecast. Note the weekly amount and the date it becomes payable. It is the floor of your retirement income and the figure every other planning number sits on top of.

Step 2

List every pension you have

Workplace pensions from previous jobs, personal pensions, any SIPP. Use the Pension Tracing Service to track down old pots. The £31.1 billion in lost pensions exists because people do not do this one task.

Step 3

Compare your pot to the median

For ages 35 to 44 the median UK pot is £39,500. For 45 to 54 it is £80,000. For 55 to 64 it is £137,800. For 65 to 74 it is £145,900. Find your total and see where you sit. Above the median is a different conversation from below it.

The picture in one frame

The typical UK saver aged 55 to 64 today has a pension pot of around £137,800, the median, not a mean pulled up by a small number of very large pots. Drawn down at the standard 4% rate, that pot generates roughly £5,500 per year in retirement income.

Adding the £12,548 full new State Pension (2026/27 rate) brings the typical retirement income to around £18,000 per year. For most households, that is well below what they were earning before retirement, and well below the income most people say they need.

Around two-thirds of Britons have not reviewed their pension in the last year. Most do not know what their pot is worth. Closing the gap requires understanding the numbers, age by age and region by region, before they become irreversible.

£137,800

Median pension pot for ages 55 to 64, not a mean skewed by very large pots

£5,500

Annual income the median £137,800 pot generates in retirement, at a 4% drawdown rate

£18,000

Combined retirement income for the typical UK household, median pot plus State Pension

Methodology, Sources & How to Cite

Primary Sources

Notes on Methodology

  • Median, not average. Pot-by-age figures on this page are medians from ONS, covering only people who have some pension savings; a mean (average) would be pulled up by a small number of very large pots and would not describe a typical saver.
  • Private pension wealth. The 35% gender pension gap figure covers private (occupational and personal) pension wealth, not State Pension. It reflects accumulations from working life. The £113,000 / 32% figure is from a separate study (Scottish Widows) using its own methodology and is not directly additive to the 35% figure.
  • Regional figures. The regional data covers PensionBee's own customer base of 285,000+ savers of all ages, not a full population census, and is not age- or region-population-weighted. It does not adjust for differences in cost of living across regions.
  • Delphina research. The UK Parents Financial Worries 2026 is a Delphina-commissioned survey of 1,247 UK parents aged 35 to 50, conducted January 2026. Margin of error ±2.8 percentage points at 95% confidence.
  • Reference dates. Most figures are from 2024 to 2026 releases. Where older data is used, it is the most recent available from the named source.

How to cite this page

UK Pension Pot Statistics 2026. Delphina. www.delphina.money/stats/pension-pots. Compiled by Syd Lawrence, founder of Delphina.

Cite these stats

UK Pension Pot Statistics 2026. Delphina. www.delphina.money/stats/pension-pots

Sources: ONS Wealth and Assets Survey Round 8, pension wealth (published January 2025); PensionBee Pension Landscape 2025; Pensions Policy Institute, The Underpensioned (February 2024) and Lost Pensions 2024 (October 2024); Scottish Widows Women and Retirement Report 2025; Standard Life; Money and Pensions Service (MaPS), 2024; DWP Benefit and pension rates 2026 to 2027; Delphina UK Parents Financial Worries 2026.

Compiled by Syd Lawrence, founder of Delphina. Last updated 1 August 2026.