Martin Lewis Has A Simple But 'Scary' Pension Contribution Formula

Do you feel secure about your pension?

A 2025 survey by the Financial Conduct Authority found that a 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” 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.