£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

UK savers 'highly cautious' with most favouring stability over high returns

UK savers 'highly cautious' with most favouring stability over high returns

Research reveals just 8% of savers are willing to invest in high-risk assets

Holly Roach
clock 16 April 2025 • 1 min read
XPS reports third consecutive year of double-digit growth

XPS reports third consecutive year of double-digit growth

Group says revenue rose 18% in the year ended 31 March

Jonathan Stapleton
clock 16 April 2025 • 2 min read
News Digest: Private equity pauses deals to triage investments

News Digest: Private equity pauses deals to triage investments

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 16 April 2025 • 1 min read
Trustpilot