A man had said he feels ‘sick’ after Martin Lewis revealed that he wasn’t paying enough into his pension.

The incident happened after the money expert appeared on Radio 5 Live, with Lewis assessing what the presenters’ were doing with their pay packets.

While we all might be trying to penny-pinch at the moment, the 51-year-old also warned about making sure that your future is also provided for.

In fact, the TV personality had some particularly harsh words for one host who revealed that he wasn’t hesitant to contribute more to his pension.

“At the moment, and this is time-limited, I have a debt to pay so that’s where my money needs to go,” confessed the radio host, “…my other thing is it feels like insurance, thinking I’m giving someone all this money to not have access to it.”

BBC 5 Live

However, he soon would be eating his words after the money expert dropped some harsh truths.

“Yeah, but you are giving them money and you are not paying tax on it,” chastised Lewis, explaining how beneficial this was.

Describing that fact as ‘the ultimate important bit of pension’, the financial wizard then explained that was ‘unbeatable’ considering that elsewhere you pay tax on investments.

This means that if you were to invest £100 into your pension and it would only cost you £80, compared to if you did the same on the high street.

Higher tax rate payers could benefit even more, especially as their employer will have to provide a matching contribution which means you invest more for less.

However, this still hadn’t convinced one Radio 5 Live pundit.

ITV

“Yeah, but it is still £100 someone else has,” they complained, during the discussion.

It was then that Lewis made the radio presenter feel the pinch, as he told him just how much he needed to save for his future.

According to the money expert, people should take the age they started their pension, halve it, and that is the percentage they should be putting annually into their pension pot for the rest of their working lives to retire comfortably at 65.

For instance, if you began it at 22 then you should invest 11 percent each year to retire at 65.

“I feel sick,” groaned his co-star, as he questioned the figures echoing everyone else at home.

However, Martin Lewis did have some empathy saying that no one listening was ‘doing that’ as he tried to cheer up the melancholy presenter.

Best get putting away those pennies, eh?