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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To cut my hours without telling DH?

73 replies

ThoughtsLikeButterflys · 01/03/2018 18:01

Up until last year I was working 6 days a week. It was horrendous, I never had time to do anything as my only day off was a Sunday (and even then I worked one in 3 Sundays). I worked all Christmas and had to beg for time off for holidays etc. I hated it.

I then gave it up with DHs blessing and took a casual hours contract. It's great as it's guaranteed work whenever I want it. No weekends unless I want them and all public holidays off. It's bliss!

I currently do 4 days a week. DH is ok with this but now and again moans about all the hours he has to work compared to me and all the free time I get to myself. So I think deep down he resents it.

I normally work Monday to Thursday however this week, I forgot to book today's shift and with the snow etc I was glad and decided to just take it off. I went to gym this morning and have completed blitzed the house from top to bottom. Something which would normally be crammed into weekends.

Now it's got me thinking - financially I don't need to work 4 days, DH wouldn't even notice the difference if I worked 3 days instead. But I can't be arsed with his snidey comments so AIBU to cut down to three days a week and just fail to mention it to DH?

OP posts:
agbnb · 01/03/2018 19:24

I don't have a pension so it won't affect anything there. DH didn't want me to have one as he said his will cover us both

Er, illness?
Accident?
Splitting up amicably?
Splitting up because of adultery on either side?
Death?
Poor performance of his pension?

I mean, do you even know if it covers a spouse? (Some don't; my mother has an annuity from her pension pot as my father's single annuity purchase choice didn't cover her.)

This is madness, OP.

Aside from the deceit you're talking about her, you really need to put a more practical hat on when it comes to financial planning!

AnnaMagnani · 01/03/2018 19:31

DH didn't want me to have one as he said his will cover us both

This is possibly the stupidest thing I've ever seen on Mumsnet - both from him and you. What if you split up? What if he dies and you just have a tiny bit of it? Given that he is v much more likely to die before you are and you'll be left on a pittance, prob not having made full state pension either.

You have spare money every month. As a couple you need to do some proper financial planning for both your futures.

As a start I'd suggest you learn that your work, both paid and unpaid is as important as your DH's. Also your DH is not a financial genius. He needs to be aware of the needs of the whole family and not just those that affect him the most.

Bluelady · 01/03/2018 19:37

Just from a tax viewpoint it makes sense to have your own pension, you get tax relief on your contributions and your employer has to contribute too. Not having your own is just plain stupid.

Pleasebeafleabite · 01/03/2018 19:49

Ok Gummy let's discuss

It's true I am assuming that they are in a long relationship. Also assuming that he is currently contributing

If he died before retirement his benefits will be what they are. If additional contributions could be paid now these would get 40% tax relief if they were paid to his pension rather than hers. As it's unlikely a final salary option is available for the extra contributions they will go to DC.

In a DC scheme yes the trustees decide how to allocate the funds on death. DH could nominate Battersea dogs home or his OW. Yes the trustees could pay to either of these but no set of trustees are going to do this if he has a financially interdependent wife which OP is

If they did it could be challenged with the Pensions Ombudsman and they would have to justify as why they made such a perverse decision

If he dies in retirement it will depend on what is selected but the market for annuities has dropped through the floor since pension freedoms were introduced as the rates are appalling. And if he spends the household income by frittering it away why is that any different to what he could be doing now? Does he need to be retired to fritter?

If they split up and his pension is final salary she only has to transfer if the financial agreement is that the pension is shared (it could be offset against other assets) and if the scheme is not underfunded and reducing transfer values. And actually it will only not provide "anywhere near the amount it would in a DB scheme" if she does not obtain an actuarial report which takes into account the differential between the two types of scheme

For me the risk would be in retirement that the wrong options are selected but this might be outweighed by the extra tax relief now that the DH would get, allowing them to build up additional savings not in pension form

So all the pearl clutching about her need for a pension by several posters seems over dramatic to me

Pleasebeafleabite · 01/03/2018 19:51

The pearl clutching has moved on I see as yet more posters think its OK to call the OP stupid

Married3Children · 01/03/2018 20:02

A few things

  • you are crazy not to have pension of your own. What if your DH dies much before you or you get divorced??
  • the issue here is clearly not financial BUT his resentment and the snide comments. Because that’s what makes you want to hide things from him rather than having everything out in the open.
If you hide that sort of stuff, he will ressent you a lot when he learns about it. And he will (I’m sure he will notice the house being cleaner for example). If you tell him, you will ressent his constant digs. You need a discussion on the fact he feels it’s right for him to be resentful and making comments imo (and I suspect this happens not just about work too)

As an aide, why were you working 6 or nearly 7 days a week if your DH has a very good job and you dint need that salary coming in??
First thing that comes to my mind is that, at some point you DID need that extra income. He certainly was happy for you to work very long hours. Wouod he have appreciated you getting resentful of all his free time (starting with just having a weekend!!)? Did he do all the HW to relieve you from your very long hours?
I suspect he needs to give his head a wobble.
And then For you to tell him you want to go down to 3 days.

AppleAndBlackberry · 01/03/2018 20:03

Although Pleasebeafleebite if he has a defined contribution scheme and they have £2500 spare cash each month he may well hit the £1million lifetime allowance and wish they had made some pension contributions in his wife's name instead.

Thistlebelle · 01/03/2018 20:06

Deceit kills marriages.

And you need yours for the pension.

ReanimatedSGB · 01/03/2018 20:08

If there's that much spare money, why does he want you to work longer hours? Does he want you to be at work, or does he want you to be doing more domestic work? Add the pension issue into that and the whole business starts to smell of a man who thinks your place is permanently, somehow, in the wrong.

MrsGrindah · 01/03/2018 20:08

Ive just had to go check the calendar but ..yep.its 2018 yet we have a woman not sorting out her own pension because her husband told her not to.

NickyNackyNoodleNoo · 01/03/2018 20:15

Your 'DH' said not to get your own pension, ok then Confused

Almostfifty · 01/03/2018 20:17

I don't have a pension, as I've not worked for 27 years.

We've been having advice about pensions recently, and you definitely should have one.

GET A PENSION.

ItIsReallyW1ndy · 01/03/2018 20:17

I would look at it like this...if I lived on my own as a single person how many days would I need to work to cover all my bills, luxuries and savings for emergencies and future like holidays, transport, pension or other investments

Why would you compromise your future just because you live with someone ?

Also things do happen like separation, divorce, redundancy, illness or worse

You need to look after number one and the only person who can do that is you !

SilverySurfer · 01/03/2018 20:29

Pleasebeafleabite
The pearl clutching has moved on I see as yet more posters think its OK to call the OP stupid

It's not pearl clutching to point out the utter stupidity of this comment: I don't have a pension so it won't affect anything there. DH didn't want me to have one as he said his will cover us both.

Your DH could leave you or drop dead or have a long term illness preventing him from ever working again and you would be in financial shit.

As for not telling him about dropping to 3 days a week, YABVU and I don't understand a) how you can live with someone and not talk to them about such issues and b) if you currently work 4 days a week, what is stopping you blitzing the house on the 5th day?

GummyGoddess · 01/03/2018 20:38

If he died before retirement his benefits will be what they are. If additional contributions could be paid now these would get 40% tax relief if they were paid to his pension rather than hers. As it's unlikely a final salary option is available for the extra contributions they will go to DC.

That is still leaving her dependent on someone else's goodwill. Given his behaviour that is a rather large risk

In a DC scheme yes the trustees decide how to allocate the funds on death. DH could nominate Battersea dogs home or his OW. Yes the trustees could pay to either of these but no set of trustees are going to do this if he has a financially interdependent wife which OP is

If they did it could be challenged with the Pensions Ombudsman and they would have to justify as why they made such a perverse decision

They may split the payments so the wife gets a proportion of the benefits. That proportion may not be enough for her to live on. The ombudsman overruling a nomination completely would set an interesting precedent for anybody to challenge. We have had many people furious that the children of the deceased are getting a share instead of solely the second wife who was the only one on the nomination, especially when it goes into trust with the ex as a trustee.

If he dies in retirement it will depend on what is selected but the market for annuities has dropped through the floor since pension freedoms were introduced as the rates are appalling. And if he spends the household income by frittering it away why is that any different to what he could be doing now? Does he need to be retired to fritter?

Yes, the market is rather crap, it was crap before the legislation was introduced and seems to be getting worse. He doesn't need to be retired to fritter, but he is earning and making pension contributions now, they have spare money and the ability to make more by continuing to work. Being retired and frittering is rather risky, he could easily withdraw all of his funds into his own private account and spend it on a Maserati, leaving them both in an uncomfortable situation. That will not provide either with an income and again OP would be screwed.

If they split up and his pension is final salary she only has to transfer if the financial agreement is that the pension is shared (it could be offset against other assets) and if the scheme is not underfunded and reducing transfer values. And actually it will only not provide "anywhere near the amount it would in a DB scheme" if she does not obtain an actuarial report which takes into account the differential between the two types of scheme

If offset against other assets that doesn't resolve her retirement income issue, she would need those assets to set up home again. Many DB schemes do not allow the ex spouse to keep the fund with them, they are required to transfer out and usually the only option is into a DC scheme which will not provide any guarantee on income or fund growth which would leave her financially ruined.

For me the risk would be in retirement that the wrong options are selected but this might be outweighed by the extra tax relief now that the DH would get, allowing them to build up additional savings not in pension form

Assuming the DH doesn't decide to leave her and then refuse to divorce for a while, or he hires an excellent solicitor which OP would not be able to afford on her wages.

So all the pearl clutching about her need for a pension by several posters seems over dramatic to me

I don't think it's overly dramatic. It isn't the most important part of financial planning but it is significant. I have not yet met an IFA who thinks having a pension is optional. OP needs to make financial provisions to take care of herself, depending on someone else to take care of you financially for your entire lifetime is far too risky, her DH should want her to be making pension contributions to maximise the chance that she will be well provided for. If they're still together then this will benefit him as well.

Pleasebeafleabite · 01/03/2018 21:14

That is still leaving her dependent on someone else's goodwill. Given his behaviour that is a rather large risk

Given what behaviour exactly?

We have had many people furious that the children of the deceased are getting a share instead of solely the second wife who was the only one on the nomination, especially when it goes into trust with the ex as a trustee

If the trustees have allocated to children in these circumstances that is because they have done their research and exercised their discretion appropriately. This backs up my argument that you can nominate whoever you want but the trustees' role is to protect the deceased's dependants whether nominated or not, by obtaining all the relevant information with which to make a decision

If offset against other assets that doesn't resolve her retirement income issue, she would need those assets to set up home again

You are missing the point which is that if a fund of money is built up in addition to what is already being saved for, that fund will allocated between the two on divorce - it doesn't matter whether it is the OP or her DH who have saved it. If it was DH saving it, the overall financial position would potentially be better because he would have had 40% tax relief

Assuming the DH doesn't decide to leave her and then refuse to divorce for a while, or he hires an excellent solicitor which OP would not be able to afford on her wages

Now you are stretching. The OP can divorce him and if he spends excessively can have this taken into consideration in the divorce settlement.

I have said the starting point if 50: 50 but in practice if the DH is better financially provided for by the size of his salary compared to hers she could end up with more than 50% anyway

Many DB schemes do not allow the ex spouse to keep the fund with them, they are required to transfer out and usually the only option is into a DC scheme which will not provide any guarantee on income or fund growth which would leave her financially ruined

Hence the need to obtain an actuarial report which allows for the different nature of the two arrangements. I did mention this above

Pleasebeafleabite · 01/03/2018 21:19

if he has a defined contribution scheme and they have £2500 spare cash each month he may well hit the £1million lifetime allowance and wish they had made some pension contributions in his wife's name instead

This is a good point although you would hope with a million pound fund there would be some financial advice being taken. At least she wouldn't have to worry about being penniless on divorce

NoSquirrels · 01/03/2018 21:57

OK, I see everyone else had covered the pensions issue!

He doesn't even notice how much I get paid as long as it goes in.

Who controls the finances? Who is making spending & saving decisions? What happens to the “spare” £2.5K now? You don’t mention DC - do you have them to consider?

LemonysSnicket · 01/03/2018 23:49

I’d tell him but also maybe show him how much you do domestically and have a real conversation about what would make him less resentful of your hours.

Put a list on the fridge and cross it off when you do things - men often don’t even think that some of the things we do exist ... because they’ve never done them. ( I know I’m generalising )

NameChangeCuddleBums · 02/03/2018 07:57

I would get a pension sorted and then decide how to deal with your DHs attitude.

My DH knows there is a lot to be done outside of earning money that is also essential for keeping a family going and doesn’t sulk when I have time off to do that (or in fact just chill with Netflix).

RedSkyAtNight · 02/03/2018 09:43

Unless you have DC (and young ones at that) I think you'll find it hard to justify that you "need" 2 days a week to do housework etc.

Saying you have plenty of money spare each month is also being quite short sighted. Maybe (since he works long hours with no chance of cutting down) your DH might like to build up a savings pot to allow you both to retire early - cutting down your income would make that harder. You do need to talk to him.

SleepingStandingUp · 02/03/2018 09:50

Go for it OP.

Lack of respect, lies, inability to communicate are all terrific indicators for a long marriage.

Perhaps you'd be better off calculating a divorce settlement than a pension pot.

If you blitzed the house in one day why can't you do that on day 5 whilst DH is at work and then its just maintenance cleaning rest of the time

FluffyWuffy100 · 02/03/2018 09:53

Please please PLEASE start a pension.

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