Cancelling subscriptions and using the money saved to top up your pension could boost your retirement pot significantly, analysis from Standard Life shows. The life assurance, pensions and savings company calculates that someone who starts work at 22 on a £25,000 salary paying the minimum into their pension can expect to save £210,000 by the time they are 68. This is assuming they pay in 5% and their employer contributes 3%.

But paying in an extra £19.50 per month could add another £18,000 to a pension pot, according to Standard Life’s analysis. This is roughly the same as Netflix‘s Premium subscription (£18.99 per month) or YouTube Premium (£19.99).

Adding an extra £39 to your retirement pot could boost your pension by £37,000, Standard Life’s analysis shows. That’s just shy of the total amount you would pay for the Apple One bundle (£18.95), Disney+ Premium (£14.99) and Uber One (£4.99) combined.

Mike Ambery, Retirement Savings Director at Standard Life, said: “While retirement may feel a long way off for younger savers, small and consistent contributions can have a powerful impact over time.

“You don’t need to give up all the things you enjoy – it’s about finding the balance between living for today and planning for tomorrow that works best for you.”

Mr Ambery offered younger pension savers a number of tips on how to boost their retirement pots. These include seeing if your employer will chip in more and getting a pay rise.

He also recommended taking advantage of tax relief and putting any lump sums into your pension, such as birthday cash, a tax rebate or bonus.

Moneyhelper also offers advice on how to increase your pension. This includes finding any pensions you might have lost track of.

For those with Defined Contribution pensions, you can usually decide how much you want to contribute.

You can do this by talking to your employer if the scheme was set up by them or your pension provider if you arranged it.

For those with a Defined Benefit pension, your contribution will probably be based on your salary.

To see if you can add more to this kind of pension, you will need to check if your scheme allows extra contributions.

It is also recommended to see if you need to boost your state pension. You usually need 10 year to get any money and 35 years to get the full amount.

If your state pension forecast shows you may not get the full amount, you can pay to fill in any gaps in your record or claim free credits, if you are entitled to them.