I have been niave about money most of my life i think .
my df was well off and he passed away giving it all to his wife my step mum .
she has since gone to luve with another man .
i am late 50s and I work oart time . i worked for public services all my life and am now burnt out .
Dh similar and is now low earner.
we have no mortgage , the house being worth about 260 k .
we have pensions of
1.5 k a month - dh ( of which i get half if he dies )
450 pm - me .
we have savings of just under 30 k .
money was never important to us - we wee both devoted to our public service Jobs and giving to society .
we live simply , eat well but cheaply and dont go abroad .
people around us seem very comfortable and they have told us ( after us saying we cant afford to do rounds in the pub - which is true ). . Follwing a few beers.. that they consider themselves not rich but comfy wiith more like 300k in the bank. .. and that we are ‘ vulnerable ‘ ?
id appreciate opinions .
i now feel a bit daft that we have never been money motivated and I now , being older , do actually feel vulnerable ?
let my dc down ?
( by not thinking ahead or differently)
. We plan to out the house jnto trust or something so that dc Will get some supporr.