Is it worth paying for one year ni contributions

mobmob

My state pension forcast and my estimate are showing a £4.53 a week shortfall.if I pay a one off contribution of £907.40 then I will receive the full forcast amount of £230.25.Thoughts please 

p00hsticks

In general terms, it; usually a no-brainer investment in terms of return but whether it;s worth paying will depend on whether you have enough opportunity going forward to make up that year any other way in the future ? 

What is your current situation and how far away from State Pension Age are you ?

On-the-coast

You’d be in profit before 4 years if you’re not being taxed on that increase. 

And before 5 years if paying tax at 20%

And before 7 at 40%

Seems a good deal to me

molerat

It is like a 26% annuity, how does that sound ?