The £112,000 reason you should sort your pension before England’s next game

Penfold urges workers to treat this summer’s World Cup as a reminder that starting early matters more than saving more

New analysis from Penfold shows that someone who started putting £100 a month into a pension during Italia ’90 could have built up around £117,600 by the time the 2026 World Cup kicks off, more than 22 times the £5,290 that someone who waited until Qatar 2022 would have saved, despite paying in only nine times as much. The difference between the two: over £112,000.

The figures, which model the value of fixed monthly contributions starting in June of each World Cup year through to June 2026 at an assumed 5% annual growth rate, show how sharply the benefit of early saving compounds over time. Someone who began saving during France ’98 would have around £71,700 today. Someone who started at Brazil 2014 would have just under £20,000.

The difference comes down to time, not contribution size. At £100 a month over 36 years, a saver from 1990 will have contributed £43,200 in total. A saver from 2022 will have put in £4,800. But the 1990 saver’s pot is worth more than double their total contributions, with investment growth accounting for over £74,000 of the final figure.

Chris Eastwood, CEO of Penfold, said: “The World Cup comes around every four years, which makes it a simple way to think about time. A pension works in a similar way. Small actions today can make a big difference by the time the next few tournaments come around.

“The message from this analysis is a positive one. You do not need to do everything at once. Starting with a regular contribution, even a modest one, gives your money more time to grow. The earlier you start, the more opportunity your pension has to build in the background.”

Penfold’s analysis covers every men’s FIFA World Cup from 1990 to 2022, modelling the pension pot that would have built up from monthly contributions of £50 and £100 starting in June of each tournament year. The figures use a 5% annual growth rate compounded monthly and do not account for fees, tax relief or varying fund performance.

The findings come as pension saving remains a low priority for many younger workers. Penfold research published earlier this year found that almost half of UK workers do not fully understand their workplace pension, while separate Penfold data shows that the majority of people making one-off pension contributions do so only in the final weeks of the tax year, suggesting that long-term saving habits remain difficult to build.

“The best pension habit is the one you start today,” added Eastwood. It does not need to be complicated, and it does not need to be perfect. Regular saving, given enough time, can do a lot of the heavy lifting.

“That’s what makes pensions so powerful. Small contributions can become something much bigger when they have time to grow. The sooner you start, the more your future self has to thank you for,” concluded Eastwood.

Notes 

Penfold modelled the potential value of monthly pension contributions beginning in each men’s FIFA World Cup year from 1990 to 2022. Calculations assume fixed monthly contributions of £50 and £100, starting in June of each tournament year and continuing until June 2026. Investment growth is assumed at 5% per year, compounded monthly. Inflation-adjusted estimates use an illustrative 2.5% annual inflation assumption. Figures are estimates for illustrative purposes only and do not account for fees, tax relief, changing contribution levels, fund performance or inflation varying over time. Investment returns are not guaranteed and the value of a pension can go down as well as up.