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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

to feel financially vulnerable

3 replies

exeter00 · 23/05/2011 11:57

I am a SAHP. We have a joint mortgage. DH has personal pension and endownments in his name. I only have a frozen company pension. Most of our savings are in my name. About 10k. Most of this is in semi long term. One of these accouns is due to mature. 2k approx. DH has said that he want me not to renew bond as we need instant access funds. This is of true but I would stil like to reinvest half of it as I do feel vulnerable financially. If we did ever split up I would welcome some security behind me.
He has a well paid job and even if i went back to work my job would be quite low paid.
What do you think?

OP posts:
Supermoo · 23/05/2011 12:00

YANBU at all; you're being sensible.

Your DH is not going to want to hear "if we did ever split up..." though, I'd try to dress it up a bit - something like "it's important to my sense of independence" or somesuch.

redskyatnight · 23/05/2011 12:14

You'd still have the rest of the savings though? I guess it depends how much you need the "instant cash".

Unless you're thinking you will go back to work soon, I'd also suggest you should start a pension in your name.

exeter00 · 23/05/2011 12:26

It is a good idea about pension. I have vaguely mentioned stakeholder pensions in the past. Will need to pursue it more. Thank you Supermoo and redsky.

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