Can anyone give me advice. I am 40 and due to inheritance I own my own home outright. However I have no pensions coming to me apart from my state one which I'll get at 68 (if they still exist by then). My dh is 50 and self employed and also has no pension apart from state. We already know we have made bad decisions in life but what would you do in our position? Sometimes I lie awake at night worrying about things. We could sell our house and move somewhere cheaper but we have young children and are scared to lose our support network. Of course this may be our only option. Would you start a private pension in our position or is it too late and are we better off saving?