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Grandparents could be missing out on over £2,000 a year on state pension boost
Hargreaves Lansdown says you could lost more than £53,500 over the course of a 20-year retirement.That works out at £2,675 in missing money each year.In order to qualify for state pension of £179.60 a week, you'll need to have 35 years' worth of National Insurance contributions.And to get any state pension you'll need at least 10 years' of contributions.Sarah Boles, personal finance analyst at Hargreaves Lansdown, said: "If you don't have enough, then your years caring as a grandparent can make an enormous difference."A grandparent with 25 years of contributions who looked after their grandkids for 10 years, but didn't claim, would miss the chance to boost their pension from around £128 to £179.60 a week.Over 20 years this could mean