Though the more money, the better: $170k in super for singles or $250k for couples is just enough by the time you retire. If you’ve paid off your debts and your home and you’re getting a pension, then you’ll end up with more than $60,000 yearly from the age of 67 onward....
So as you can see from the above table, National Insurance payments are not that high and only really start if you’re earning over a certain amount, and while nobody wants to pay tax for no reason – National Insurance does contribute to your pension entitlement so it’s worth it in t...