National Insurance number

[joebloggs]

Hahah maybe you got it right estherboaz But I'm not sure exactly
Until now I'm still paying my SSS contribution voluntarily.
I need to figure out if I can do the same here in my National Insurance contribution.

why bornatbirth from your own link

Qualifying years needed for entitlement to the full basic State Pension
Number of qualifying years Men Women
If you reach State Pension age on or after 6 April 2010 30 30
If you reached State Pension before 6 April 2010 Normally 44 Normally 39

and Whether it will make sense for you to fill in the gaps by paying voluntary National Insurance contributions will depend on a number of factors.

[Bluebirdjones]

Why pay to the Government ???? (via voluntary contributions)
This isn't your only option.

There are many private pension or savings schemes that you can pay into in this country.
Any financial advisor can tell you about them, and go with a reputable company.
... and most will allow you to vary your contributions.

Some will pay a monthly "pension" at retirement age.... whereas others will pay out a lump sum,
which you can use to buy an annuity.

[joebloggs]

Why pay to the Government ???? (via voluntary contributions)
This isn't your only option.

There are many private pension or savings schemes that you can pay into in this country.
Any financial advisor can tell you about them, and go with a reputable company.
... and most will allow you to vary your contributions.

Some will pay a monthly "pension" at retirement age.... whereas others will pay out a lump sum,
which you can use to buy an annuity.

true but i would have thought you would have to a lot more privately than £12wk to get £97 what ever the weekly pension is, also it will not go down in value, and it will not go up much either

[Bluebirdjones]

but a private pension ...
...will allow u the option of taking a lump sum out at retirement age
.... will be "transferable", hence allowing your various employers to pay into it (if they offer you this option)
....will allow you to increase/vary your contributions if u so desire.
... has tax advantages

If you're just relying on a State Pension for your retirement ...... heaven help you.

[joebloggs]

but a private pension ...
...will allow u the option of taking a lump sum out at retirement age
.... will be "transferable", hence allowing your various employers to pay into it (if they offer you this option)
....will allow you to increase/vary your contributions if u so desire.
... has tax advantages

If you're just relying on a State Pension for your retirement ...... heaven help you.

and if your relying on just a private pension, pray the stock market help you

i had a private pension where work put in 50% of what ever i put in a month for a few years, that was like 15yrs ago, i think the amount in the pot is roughly what i put in 15yrs agoi..

anyway my pension is my younger misses, shes be working for at least 6yrs after i retire

for £50 a month for the next 30yrs what will a private pension fund ESTIMATE to be paying out monthly ?? £400 a month like the state pension .?

[Bluebirdjones]

I'm not advocating relying on a private pension policy .... but to ENHANCE the Government's one !

As the vast, vast majority of working people make NI contributions, then they'll get a Govt pension.
But that ain't gonna keep you in the "quality of life" you require.
You also have to make other provisions.

And if that comment about "my younger missus...." is supposed to be humour ......it doesn't get me rolling on the floor,splitting my sides with laughter.
Perhaps you should have taken it a step further. Imagine if you'd married some-one 20 or 30 yrs younger.
Then u could have sat at home with your feet up, drinking your beer, flicking thru the TV channels, while your wife goes out to work to support your retirement for an additional 15-20years !

What a plank

[joebloggs]

And if that comment about "my younger missus...." is supposed to be humour ......it doesn't get me rolling on the floor,splitting my sides with laughter.
Perhaps you should have taken it a step further. Imagine if you'd married some-one 20 or 30 yrs younger.
Then u could have sat at home with your feet up, drinking your beer, flicking thru the TV channels, while your wife goes out to work to support your retirement for an additional 15-20years !

What a plank

what does get you rolling on the floor,splitting your sides with laughter then

yes maybe i should have found someone who had just turned 21

just think of all those years i could be drinking my tinnies in front of the tv watching corrie and east enders

fact is i dont drink at all and if you had read any of my posts since jan 2009 you'll see i've supported my misses more than any one could support their wife and i'm very proud of her