Couples in the UK at retirement age have average assets and savings worth £269,479, according to prudential.
The average equity tied-up in a retired couple's home is £131,145 and a single pensioner has average of £67,072 invested in their property.
More than a third of a couple's money, amounting to £95,649, is held in savings accounts or stocks and shares with the rest invested in insurance policies or other assets.
Gary Shaughnessy, Prudential Retail Life & Pensions managing director, said: "It is surprising to see just how much money the average pensioner has tied up in savings and property."
"However, it is even more staggering that so few people have sought financial advice for making the most of their money in retirement," he added.
According to recent research by Edward Jones, 43 per cent of people are saving less for their retirement as a result of increasing prices.
Of those questioned, nearly a quarter have not begun saving for retirement.
