The advice applies to 43 to 70 year olds
Martin Lewis' team has shared a savvy tip for workers aged between 43 and 70 looking to boost their retirement funds. An insight from MSE advises how they can transform £800 into a sizable £5,500 for their golden years.
It's possible to inspect for free whether such gaps are present within your own record. If detected, individuals can currently recompense any missing years dating as far back as 2006, reports the Mirror. The MSE website describes the tip as a "potentially unbeatable opportunity" for those aged between 40 and 73, with some Brits having boosted their state pension by more than £50,000. The MSE team has detailed that purchasing a full voluntary National Insurance year can cost around £800 but might increase your state pension by up to an additional £275 annually.
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