🎓 **Vanguard UK: How to Become a Pension Millionaire**

Vanguard's UK retirement team lays out the maths behind reaching a **£1 million** pension pot.
• A 25-year-old contributing under **£100/month** into a SIPP, and increasing contributions by 10% a year, could hit £1M after 40 years — assuming a 5% annual return after costs.
• Alternative: a flat **£552/month (£6,623/year)** gets a 25-year-old to £1M by 65.
• Government tax relief adds **£20 for every £80** invested (more for higher-rate taxpayers) — but SIPP funds are locked until age 55 (rising to 57 in 2028).

[🔗 Read more](/leaving?url=aHR0cHM6Ly93d3cudmFuZ3VhcmRpbnZlc3Rvci5jby51ay9hcnRpY2xlcy9sYXRlc3QtdGhvdWdodHMvcmV0aXJlbWVudC9ob3ctdG8tYmVjb21lLWEtcGVuc2lvbi1taWxsaW9uYWlyZQ==)
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