Nearly half (49%) of Moneywise.co.uk users started their first pension between the ages of 19 and 25, according to our poll results.
The next most popular option, receiving 19% of the 1,448 votes, was to start a pension between the ages of 26 and 35.
A reasonable number of people - at 15% - even started their first pension before they turned 18.
When it comes to the older age ranges, just 8% started their first pension between the ages of 36 and 45, 4% began their pension between the ages of 46 and 55, and 5% started their first pension at the age of 56 or older.
The government does provide a basic state pension at £119.30 per week at present, but this is unlikely to provide you with enough income to live off in retirement – particularly given increasing life expectancy, which is why it’s so important to have your own private pension in addition.
For the vast majority of people, the best way to build a retirement fund is to save in the pension provided for them by their employer. In addition to tax relief on your contributions, you should also get the benefit of contributions from your employer.
From 2018, all employees aged between 22 and the state pension age, working in the UK and earning more than £10,000 a year will be automatically enrolled into their workplace pension.
See the pie chart below for the full poll results (click the image to enlarge).