Women have smaller pension pots than men - News Summed Up

Women have smaller pension pots than men


Women contribute consistently to their retirement plans but have smaller pension pots. The average pension pot for women is €89,000, whereas for men the average is €170,000, according to the Standard Life Retirement Pulse, which surveyed over 1,100 people across Ireland. Women are more likely to contribute to their pension plan monthly, but they are putting around €63 less per month into retirement savings on average. Four out of 10 women have no retirement plan and feel unprepared a third of men. Wanting to travel more is top of the retirement plan list for both men and women, but women are more likely to want to do so than men.


Source: Irish Independent March 21, 2022 23:20 UTC



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