Best jobs to have if you want an early retirement – could you retire in your 40s?

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Best jobs if you want to retire early (Image: Getty)

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Financial experts at Our Life Plan have conducted a study to help people understand which industries give workers the best chance of an early retirement.

What is striking about the list is that many of the jobs don’t require formal qualifications to get started in, so the pathway to an early retirement may be easier to find than many suspect.

The top career for those dreaming of an early retirement is one as either a commercial manager, taxation expert, product manager or construction manager.

Offering the best chances for giving up one’s day job, people can typically expect to retire aged just 46 when working in these lucrative roles.

The perks don’t end there, as they all retire with average savings of above £250,000. Product managers enjoy average savings of a staggering £270,000 for their retirement.

But these are not the only options as many other careers offer people the potential of reaching a retirement age that is below 50.

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The range of roles in the list is one thing which may not have been anticipated. One might expect doctors and lawyers to be able to retire early but the ability of electricians and social media managers to do the same could come as a surprise.

The careers which take several years to qualify to go into tend to repay their workers with high starting salaries. For example, doctors go through nine years of study to qualify, psychologists eight, architects seven and lawyers six.

So with higher starting wages, workers in these careers will be able to put more money aside for retirement when in work.

Unsurprisingly, those studying law can look forward to the highest starting wages of all.


They tend to receive starting salaries of £44, 764.

Doctors lag just behind with salaries of £40,963 in their first year of work.

There are, of course, many factors to consider when planning one’s career and some may wish to know how quickly they can rise through the ranks to gain a bigger salary.

When this is considered, marketing stands out for offering the steepest salary increases when people achieve promotions.

At each stage of a career in marketing, people can expect a pay rise of a striking £13,475.

Here are the top 10 jobs for an early retirement listed with average savings accrued for retirement:

1) 46 years – Commercial Manager, £263,164

2) 46 years – Taxation Expert, £260,250

3) 46 years – Construction Manager, £257, 485

4) 46 years – Product Manager, £270,534

5) 47 years – Marketing, £246,953


What is the state pension? (Image: Express)

6) 47 years – Product Manager, £255,126

7) 47 years – IT Manager, £246,517

8) 48 years – Electrician, £229,737

9) 48 years – Programmer Analyst, £253,930

10) 48 years – Financial Analyst, £239, 665

William Murphy

William Murphy

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