How big a pension pot?

Assuming you were claiming a full state pension, how much do you think you would need to have in a private pension savings pot to get a total income of around £25,000 a year after you stopped work (to the nearest £1,000)?

Average guess was £124,000

Actual answer is £315,000

20

6

12

11

10

11

£50,000-£99,999

7

10

£450,000+

£350,000-£449,999

£250,000-£349,999

£150,000-£249,999

£100,000-£149,999

£25,000-£49,999

£15,000-£24,999

12

Percentage of people who said the

amount was...

Up to £14,999

Assuming you were claiming a full state pension, how much do you think you would need to have in a private pension savings pot to get a total income of around £25,000 a year after you stopped work (to the nearest £1,000)?

Average guess was £124,000 | Actual answer is £315,000

20

6

12

11

11

10

£50,000-£99,999

7

10

£450,000+

£350,000-£449,999

£250,000-£349,999

£150,000-£249,999

£100,000-£149,999

£25,000-£49,999

£15,000-£24,999

12

Percentage of people who said the amount was...

Up to £14,999

Assuming you were claiming a full state pension, how much do you think you would need to have in a private pension savings pot to get a total income of around £25,000 a year after you stopped work (to the nearest £1,000)?

Average guess was £124,000 | Actual answer is £315,000

20

6

12

11

10

£50,000-£99,999

11

7

10

£450,000+

£350,000-£449,999

£250,000-£349,999

£150,000-£249,999

£100,000-£149,999

£25,000-£49,999

£15,000-£24,999

12

Percentage of people who said the amount was...

Up to £14,999