How old are you and how much do you have saved in your pension?

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I'm dreaming thinking about retirement and using the MAS calculator. Apparently I need to put a huge sum into my pension each month (over £700!).

I'm 31 and have about 20k saved. Started aged 20 thanks to my sensible boss at the time advising me that I should. She was only 7 years older than me so I took her advice on board.

£20k still seems paltry for 11 years of saving!?

How old are you and how much is in your pension pot?

42 and have £255k currently, need to up my AVCs.

61, semi retired and taking a deferred final salary pension of £11k a year, also have £30k in a workplace pension which I am still contributing too in my part time job. Will retire fully at 63.

Between me and my employer I think about £25k has been paid in.

But it’s an ‘average salary’ scheme so I think it’s a set amount I’ll get??

I worked out that me/ employer will have paid in c £200k by state retirement age.

58. I have 17 years (as a deferred member) in a non-contributory final salary scheme which will pay me at 60 about £42k p.a. It is RPI indexed with a minimum of 3% p.a. and a maximum of 5% p.a. If I die before him, it will pay my husband 2/3 of whatever it pays me at the date of my death. My husband (58), who plans to retire at about 63 after nearly 40 years' service, will have a Civil Service pension of nearly £50k p.a.(plus lump sum), CPI indexed. If he dies before me, it will pay me 1/2 of whatever it pays him at the date of his death. I am therefore likely to be worth more to him dead than he is to me. It was the gold-plated pension that kept me doing a boring, stressful City job.

Oh, and we will both get the full State pension.

I didn't work for years so not as much as I would like.

I'm aiming for about £50k per year to live on which equals a lot of saving to do.

40. Only about £30k so far as only started pension 3 years ago but also have a house in London worth 400k with only 80k on mortgage (tenanted) which will be paid off in 9 years so looking at the income of that (or capital if sell it) as part of pension pot.

Should have over 200k in employers pot at retirement (if retire at 60, more if work longer) plus full state pension.

We also have quite a bit in stocks, shares and savings and over 200k equity in our home.

I do worry about money a lot but I think realistically we are ok, esp because the London house will generate pure income from 2028 - though that may be needed for school fees(!)

That said, I only work 4 days a week so o could up that to 5 if necessary (which would increase income plus pension contributions by work) or switch back to what I was doing before I had kids (which would double my salary and pension contributions) - so have got options which I suppose is the important thing

30 and only about £2k in my pension pot as stupidly only opened one last year. I’m self employed so don’t get employer contributions. I’m going to start paying the maximum I can afford into it each month and my DP has a healthy pension pot and we will also be mortgage free in 7 years time. I’m set to inherit two properties too which will add some money to my pension once inheritance tax has been paid and they have been sold. I’ve got around 20k in savings at the moment and hope this will be more like 100k when I’m approaching retirement age

I'm aiming for about £50k per year to live on which equals a lot of saving to do.

That's a massive pension pot so good luck. A pension pot of circa £1m should give you an income of about £30k.

We are nowhere near that amount. Please if you are in the LGPS or TPS don't grumble about it. Your pension is worth a vast amount to you.

£16k in various pots plus NHS final salary (peanuts but every little helps) Now working full time and paying £300pm in employers scheme in a med/high risk fund for as much growth as possible. I'm 47 and plan to retire at 67.
Rental property worth £150k which on retirement, we will live in.
DH has pot of around £130k which he still pays into with guarantees attached.

With two state pensions and our pots and low cost living in our rental property I think we should be ok

I retired at 58.
Have £600k in pension pot. Full 35 years NI contributions so will get full state pension in 7 years time.
I own my house , worth about £450k currently and plan to downsize in 10 years.

That's a massive pension pot so good luck. A pension pot of circa £1m should give you an income of about £30k

Yep hence need to save hard!

I want to live out my retirement in the standard I live now and certainly don't want to be worried about cash.

I earn well so it's not entirely unrealistic and if worst happens I'll have a substantial amount of equity in my home so could always downsize.

Not so easy to max out your pension now though even if you're a high earner due to the tules which reduce tax efficiency of contributions.

My pension pot has just under £425k in it. I'm 45. its projecting an annual pension from that of £22k

Of course if we go into recession due to brexit it will probably be worth £3.50..

40 and mine was 58k last time I looked. I'm upping contributions soon as no more childcare fees.

I absolutely believe there will be no state pension provision by the time I retire or it will be so means tested that hardly anyone will get it.

I’m 31 and will receive a military pension of around £450 per month (in today’s money, so does that mean it’s index linked?) when I hit 55. I don’t want to retire at 55 though, so I think I can have more per month if I start drawing down later. I also get a small lump sum of around £12k too.

My work pension should be worth around £400k, but that’s assuming we use the money we currently spend on childcare and rather than spending the extra every month (tempting!) we put it straight into our pensions, half each. DH earns more than me, so his pension pot will probably have about £100k extra in by the time we retire. He also has a military pension of similar value. Again, this is assuming we do so at 60, but I can’t imagine wanting to stop work! I love what I do!

I have a tiny personal pension that I’ve put away £30 a month into since I was 16. I don’t know how much that’ll pay out; probably like £10 a year or something, but it’s £10 I didn’t have.

We bought a house in Zone 5, and I’m hoping that in 30 years it’ll be worth at least what we paid! I’d like to get back what we put in!

Other than that, that’s it. I think we’ll be okay. I’m guessing I’ll have to work 1 or 2 days a week to top up for ‘nice things’ like holidays and stuff but that doesn’t really bother me. I’m afraid of stopping work. My Mum stopped totally at 55 and honestly; it’s like she aged 10 years instantly. She’s so out of touch. I’d hate to be like that.

Late 30s and £120k

I'm 41, not sure how much is in there. Ince inherited some money to pay off my mortgage so I'm finally able to put 'real' money in my pension. For the last few years it was only about £240pm, now putting it up to £500, with employer adding to that of course. Had a pension at last workplace but stopped paying in when paying nursery fees

We do own a large house in London and will own outright well before retirement, though I don't want to stake everything on downsizing because honestly I'm worried for my kids of prices just keep going up - feels like something has to give. My worst-case scenario is that we get through retirement by splitting house into flats and letting half of it!

DH is in well paid but intermittent freelancing and I'm not sure he's paid into a pension recently

46 and £232k

Fully own our 4-bed semi worth £600k

I'm 35 with a pension pot of £900k Really worried that it won't be enough but fortunately house is mortgage free and worth £2.8m so we could downsize and live in a semi or something equally awful if needs be.

I'm 37 and have £3000 I've come to the realisation I'm working until I die.

I don't own property either so as I said work until I drop.

Dh retiring in three years, along with state pension he will have a final salary income of £42k, I will still be working in my part time job so that will be another £12k a year, then when I retire ( eight years younger) we will drop back to £50k. Survivors pension for final salary for me of 2/3

We also have a pot of about £160k

A few other tiny pensions from when I worked around DS.

House mortgage free and worth £650k on a good day with a following wind.

I should all things being equal inherit the guts of £200k

We will more than OK but we sacrificed a lot to get there.

53 and £48000 from a private pension I paid into in my 20's and 30's. Then worked abroad and didn't earn enough to put any into a pension, then became a single mum and no chance at all to put any money I to a pension

43 and $140k. I save the maximum the IRS allows (around 20% of my pre-tax income). I've only been saving for 5 years so I'm playing catch-up. Thankfully my husband has around $630k so assuming we are still together we'll be fine.