How much should I contribute towards my pension?
A lot of people ask the question “How much should I contribute towards my pension?” and the simple and short answer is, as much as you can afford to pay. Because the more you pay towards your pension plan, the more pension income you could get when you retire.
State Pension:
To get the full state pension, £185.15 a week for tax year 22-23, you will need to a total of 35 years of NICs (National Insurance Contributions).
You can check your state pension forecast of the Government website and you can always top up your state pension if you do not have enough qualifying years to get a full state pension. You top up your state pension by paying voluntary NICs.
