Martin Lewis' 'Rule of Thumb' for How Much You Need to Pay Into Your Pension

Martin Lewis' 'rule of thumb' for how much you need to pay into your pension

Martin spoke about pensions on his ITV show and revealed how much of your income to pay into your pension for a 'decent retirement'

Martin Lewis lays out savings rule 'scaring the pants out of everyone' that we should all follow

Martin Lewis has shared his pension rule of thumb formula on Money Show Live, explaining how much Brits should contribute to their retirement savings

Martin Lewis lays out vital savings rule 'scaring the pants out of everyone'

Martin Lewis has shared his pension rule of thumb formula on Money Show Live, explaining how much Brits should contribute to their retirement savings

Using the Rule of 300 to estimate how much money you need for financial freedom

The Rule of 300 is a shortcut that enables you to estimate how much money you’ll need for retirement or to achieve financial independence. Even more excitingly, it enables you to estimate what any particular line item in your budget will require in terms of capital funding. That’s right! The rule of 300 turns amorphous future you into a flesh and blood person with their own wants, needs, and bank statements. And if future you wants – or needs – …