- In 2018-19, 55% of retirees were women.
- The population of retired women increased more than men.
- On average, women retire sooner than men.
|People aged 45 years and over|
|Retirees||3.5 million||3.9 million||+0.3 million|
|Proportion retired||38%||40%||+2 pts|
|Average age of retirement||55.2 years||55.4 years||+0.2 years|
|Men aged 45 years and over|
|Retirees||1.6 million||1.7 million||+0.1 million|
|Proportion retired||36%||37%||+1 pts|
|Average age of retirement||58.8 years||59.5 years||+0.7 years|
|Women aged 45 years and over|
|Retirees||1.9 million||2.1 million||+0.2 million|
|Proportion retired||39%||43%||+3 pts|
|Average age of retirement||52.2 years||52.1 years||-0.1 years|
*Note: 2016-17 data has been revised to align with updated benchmarks.
Note: Age of retirement is the age when people retired from the labour force (i.e. ceased working and/or looking for work).