This statistic illustrates the events and other reasons that have motivated people to start saving for retirement in the United Kingdom (UK) as of 2020. It can be seen that an employer starting to pay into a retirement plan/ pension was the most common reason mentioned amongst the people surveyed in the United Kingdom at that time, with 24 percent of respondents stating this as a key prompt to begin saving for retirement. One of the second most common reasons to begin saving for retirement was also employer-related, with 21 percent of respondents stating that they began saving for retirement when they were automatically enrolled into their employer's retirement plan/ pension.
Which, if any, of the following have prompted you to start saving for retirement?
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Other statistics that may interest you Personal savings in the United States
Overview
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- Basic Statistic Monthly personal savings as a share of disposable income in the U.S. 2015-2024
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Household savings
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- Basic Statistic Household savings in the U.S. 2000-2022
- Basic Statistic Time and savings deposits of households and nonprofit organizations U.S. 2000-2022
- Premium Statistic Share of families that saved in the U.S. 2001-2022, by ethnicity
- Premium Statistic Share of families that saved in the U.S. 2004-2022, by work status
- Premium Statistic Share of families with savings bonds in the U.S. 2007-2022, by age of family head
- Premium Statistic Financial instruments owned by children in the U.S. 2022
College savings
4
- Premium Statistic Households saving for college in the U.S. 2020-2022, by age of household head
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Retirement savings
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- Premium Statistic Adults with any retirement savings in the U.S. 2021-2022, by age group
- Premium Statistic Opinion of Americans on state of their retirement savings 2022, by ethnicity
- Premium Statistic Confidence in progress toward retirement goals for individuals in the U.S. 2023
- Premium Statistic Household retirement savings in the U.S. 2020-2022, by amount
- Premium Statistic Value of assets invested in IRAs in the U.S. 2022, by type
- Premium Statistic Probability of outliving their savings in the U.S. 2020-2023
- Premium Statistic Leading challenges of individuals saving for retirement in the U.S. 2023
Saving practices
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- Basic Statistic Reasons why families saved in the U.S. 2010-2022
- Premium Statistic Goals in New Year's financial resolution in the U.S. 2022
- Premium Statistic Factors that are holding back Americans from saving for a down payment 2023
- Premium Statistic Major obstacles to saving for a down payment among American homebuyers 2023, by age
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- Premium Statistic Bank account and service complaints reported CFPB in the U.S. 2023
Impact of the economy on savings
4
- Premium Statistic Interest rates of savings accounts in selected banks in the U.S. 2024
- Premium Statistic Main reasons why people did not increase emergency savings in the U.S. 2023
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Aegon. (May 30, 2020). Which, if any, of the following have prompted you to start saving for retirement? [Graph]. In Statista. Retrieved June 16, 2024, from https://www.statista.com/statistics/453384/generating-income-for-retirement-the-uk/
Aegon. "Which, if any, of the following have prompted you to start saving for retirement?." Chart. May 30, 2020. Statista. Accessed June 16, 2024. https://www.statista.com/statistics/453384/generating-income-for-retirement-the-uk/
Aegon. (2020). Which, if any, of the following have prompted you to start saving for retirement?. Statista. Statista Inc.. Accessed: June 16, 2024. https://www.statista.com/statistics/453384/generating-income-for-retirement-the-uk/
Aegon. "Which, If Any, of The following Have Prompted You to Start Saving for Retirement?." Statista, Statista Inc., 30 May 2020, https://www.statista.com/statistics/453384/generating-income-for-retirement-the-uk/
Aegon, Which, if any, of the following have prompted you to start saving for retirement? Statista, https://www.statista.com/statistics/453384/generating-income-for-retirement-the-uk/ (last visited June 16, 2024)
Which, if any, of the following have prompted you to start saving for retirement? [Graph], Aegon, May 30, 2020. [Online]. Available: https://www.statista.com/statistics/453384/generating-income-for-retirement-the-uk/