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Women more vulnerable to pot shortfall
Daily Express
|March 07, 2025
WOMEN could risk emptying pension pots 14 years too soon and a decade earlier than men, according to a report.
The research, released for tomorrow’s International Women’s Day, indicated that women could empty their private pension savings by the age of 73 — based on current pension withdrawal rates.
Legal & General, which published the research, said that with the average life expectancy of a 60-year-old woman in the UK being 87, some retirees could be left with a 14-year shortfall between their private funds running out and the end of their lives.
This story is from the March 07, 2025 edition of Daily Express.
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