The Money Saving Expert founder has explained how those approaching pension age can boost their pension pot
Martin Lewis has shared a major tip for boosting your state pension by up to £74,000, but it's particularly relevant for certain age groups.
Since your state pension sum hinges on your National Insurance contributions over the years, plugging any holes by snapping up missing years can beef up your state pension in a big way. For every £800 you fork out, you could bump up your annual pension by as much as £6,100, Martin told viewers.The closer you are to hanging up your work boots, the more sense it makes to consider this move.
"If you're nearly at the state pension age it's easy to see, it's pretty obvious that you should be buying them. The older you are, the more likely you should be. If there are no gaps after 2019, then you could buy those so you could wait and see."
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