Average pension in Harrogate

Average pension in Harrogate

With some of the best shopping streets in the country, a vibrant community feel and an idyllic location at the heart of Yorkshire, it’s no wonder so many people want to retire in Harrogate.

What does retirement there look like for the general population, though? In terms of finances, we know that people in Yorkshire typically:

  • Have an average pension of £117,551
  • Have a life expectancy of 79 years
  • Should expect a pension shortfall of £27,723

Harrogate might well paint a different picture when you get into the local detail, but the same thing rings true for would-be retirees across the whole of Yorkshire: planning is absolutely crucial.

This is where the help of an expert can prove invaluable. Whichever kind of financial guidance you might need, you can discuss it with a qualified financial advisor in Harrogate to make the most of your situation.

Property market in Harrogate

If you live in Harrogate or the surrounding area, you’ll no doubt be interested in the status of the property market there. Indeed, those of you who want to retire there will be extra keen to keep on top of it.

The latest data from the government pegged the average house price in Yorkshire and the Humber at £194,518, which is well below the national average of £265,668. And in Harrogate itself, the average is £386,416, according to Rightmove. This information might open up a range of options for you depending on where you’re based or would like to spend your golden years.

Whether you’re a homeowner or not, you can seek financial advice about your living arrangements ahead of your retirement to give yourself peace of mind. You might be looking for a property to retire in near Harrogate, or you might be looking to release equity from your family home; whichever questions you have, we’re here to help.

Where do people in Harrogate retire to?

Financial advice in Harrogate

Harrogate town centre

Quite frankly, Harrogate is a stunning place to be, especially when retirement presents you with plenty of free time to explore. People there are surrounded by an amazing mix of architecture at every turn, while the local heritage as a luxury spa town continues in the Turkish Baths there, so retirement will be a doddle for anyone who decides to settle down in the town centre.

Financial advice in Pannal, Harrogate


Two train stops south of Harrogate is the charming village of Pannal. It sits within the famous ‘Golden Triangle’ of Harrogate, York and Leeds, so, naturally, it delivers on the beauty that you would expect from such a place in God’s Own Country. It’s often referred to as an extension of Harrogate itself, but it also feels like it’s comfortably isolated, so life in retirement there means a life of plenty.
Financial advice in Knaresborough


To the north east of Harrogate is one of the most pleasant market and spa towns you’re ever likely to come across. Located on the River Nidd, Knaresborough is a small place that packs a big punch when it comes to beautiful gardens, riverbound views and soul-warming food and drink⁠—just the spot for retiring if you ask us.

Why getting financial advice is important

Rainy days have an annoying habit of creeping up on us. Sudden illness or a broken boiler can spell disaster for your savings and financial goals. That’s where thinking ahead can pay off. If you’re keen to make the most of your hard-earned money, working with a financial consultant or advisor in Harrogate can help.

An advisor has the financial expertise to help you make your money work harder, by supporting you to:

  • Take advantage of tax relief
  • Make informed decisions on your investments
  • Build a solid plan to achieve your short, medium and long-term goals
  • Avoid financial pitfalls and plan for rainy days

We can help you take the first step towards financial advice if you think working with an expert could benefit you. The advisor partners we work with have decades of knowledge and we can match you with the most qualified expert for your needs in seconds. Tell us the type of advice you need and your contact details, and we’ll do the rest!

Our service

Local Financial Advice’s free advisor matching service connects people all over the UK daily with FCA-regulated experts. Wherever you’re based in Harrogate, we’ll match you with the financial advice expert that’s right for you.

So whether you are looking for advice on your retirement plans, investments, wealth management, financial planning or thinking about your long-term financial future, we can help put you in contact with a trusted financial advisor who will listen to your needs.

Learn more about how we help you connect to local financial advice experts, how our free advisor matching service works and why over 900 happy customers rated us Excellent on Trustpilot.

Click to Find a Financial Advisor in Harrogate


Do I Need a financial advisor Do I need a financial advisor

Do I need a financial advisor?

A financial advisor can offer valuable insight and expertise on a wide range of common financial concerns.

Key situations in which a financial advisor is likely to be valuable include:

  • Exploring your options during key life events such as retirement

  • Comparing quotes for pensions or insurance products

  • Investing large sums of money

  • Inheritance tax planning and intelligent saving

How much does an advisor cost How much does an advisor cost

How much does an advisor cost?

The cost of using a financial advisor can vary depending on your needs. You may be able to resolve your issues in a single consultation, or you may benefit from a more long-term collaboration.

At Local Financial Advice we're dedicated to providing a transparent and cost-effective experience for all customers:

  • Free, no-obligation initial consultation - Discuss your issues in detail and make a decision about whether you’d like to proceed before making any commitment.

  • Total transparency - Any costs associated with purchasing any product or service from your financial advisor will be broken down in detail.

How can I speak with my advisor? How can I speak with my advisor?

How can I speak with my advisor?

Many of the advisors we work with are flexible with how they can meet with you.

  • Your advisor will often try to first get in touch with you by phone to talk about the kind of advice you need.

  • If you decide to continue with their advice, advisors can meet you face-to-face. You can discuss any safety precautions the advisor should take if you arrange for them to visit your home.

  • Throughout your time speaking with your advisor, you may receive emails from them. These will often simply be to confirm your information or the details of future meetings you book with them.

Our Service Our Service

Is the advice one-off or ongoing?

The type of advice you need depends on your circumstances.

  • We encourage everyone we connect with an advisor to discuss their financial needs in detail so they can receive the right amount of advice.

  • You may only need one-off advice if you need help choosing a long-term product to support your retirement, such as an annuity.

  • If you need flexibility with your money, you may prefer ongoing advice from your advisor with you speaking every six months or year to see how your money is performing.

  • Whatever help you need, your advisor will clearly lay out the costs involved. These can be one-off costs or recurring, such as a fund management fee.