Do you feel secure about your pension? A 2025 survey by the Financial Conduct Authority found that one-third of people have less than £10,000 saved in their plans, which has been described as “worrying”.
And in a recent pension special of the Martin Lewis Money Show, the expert said he has a “rule of thumb” for pensions that “scares the pants off everybody.”
What’s Martin Lewis’ formula for pensions?
A viewer asked, “Whilst I want to put more into my pension, I don’t want it to affect my quality of life in the here and now. Is doing 15% contributions as someone in [their] mid-30s enough?”
Lewis replied that the viewer was doing “really well” with that percentage...
English (US)