£53,000 income expected for desired retirement age

Osborne Clarke survey finds variation across sectors and incomes on retirement views

Jasmine Urquhart
clock • 4 min read
£53,000 income expected for desired retirement age

An income of £53,000 is expected to achieve the desired retirement age for workers, a survey by Osborne Clarke has found.

The study, which surveyed 700 workers aged between 35 and 55, across seven industry sectors in February this year, found on average, workers expect to need an annual income (including payable pensi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pensions minister confirms legislation to expand CDC to be laid in the Autumn

Pensions minister confirms legislation to expand CDC to be laid in the Autumn

DWP says ‘innovative’ funds will deliver higher incomes and lower risks for pensioners

Holly Roach
clock 30 April 2025 • 2 min read
Five pension providers retain gold financial wellness ratings

Five pension providers retain gold financial wellness ratings

Survey shows providers were awarded gold rating across several of their member offerings

Martin Richmond
clock 30 April 2025 • 2 min read
Just a few weeks to go until Professional Pensions Live

Just a few weeks to go until Professional Pensions Live

Our flagship event is returning this year on 21 May at Convene, 155 Bishopsgate in London

Professional Pensions
clock 30 April 2025 • 1 min read
Trustpilot