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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

UK women ‘need to work extra 19 years to retire with same pension pot as men’

Models of men and women on a pile of coins and bank notes.
Career gaps, caring responsibilities, childcare costs and lower earnings contribute to the pension savings disparity between men and women. Photograph: Joe Giddens/PA

Women would need to work for an extra 19 years to retire with the same pension savings as men, according to data from the Pensions Policy Institute.

The research found women retiring at 67 – the new UK state pension age from 2026 – will have saved an average of £69,000, compared with £205,000 for men.

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