Can you afford to live to age 100? How to make your pension last longer

Record numbers of people are living to age 100, we explain how to make your pension last for a longer retirement

100 year birthday cake
(Image credit: Getty Images)

The number of people living to age 100 has hit record levels and while it may be nice to look forward to a message from the King, it could put extra pressure on your retirement income.

New figures from the Office for National Statistics (ONS) shows that while average life expectancy has actually dropped, the estimated population of people in England and Wales age 90 and above grew 2.1% annually during 2022 to its highest ever total of 550,835.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.