@43d7c4ea My possible misreading of the ONS stats suggests a current median pot size of £66,500 for 65+ year olds (2018-20 survey) for "stakeholder and self invested personal pensions, held on a group or individual basis".
Which would be even worse.
My private pensions are defined benefit ones so I don't have the guess at how long I have left to spend a pension pot or buy an annuity.
Needless to say "One-tenth of the population held more private pension wealth than the rest collectively"
@713945cf
yes, I have a DB pension (now drawn down after early retirement, but the median size doesn't surprise me as the FT is regularly reporting on the shortfall of contributions vs. retirement 'needs'