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DH retiring in 5 years, pension falling down

56 replies

Sunrisingsunsetting · 08/04/2025 19:03

Posting to get advice. Not sure if there is anything DH can do about it? His pension has dropped 50k with the market uncertainty Trump is creating

Mine is probably dropping too but it is small and I got longer to retire.

DH is 59 and I am 52.

OP posts:
ApolloandDaphne · 10/04/2025 12:40

Sherararara · 09/04/2025 22:38

Well you’ve got 5 years for it to go up again. Imagine you are one of the people retiring this week.

Like my DH! His retirement officially started on Tuesday as he watched his pension pot plummet. He has always worked in finance so he knows it will recover and we have some other savings to tide us over for a while.

AnnaQuayInTheUk · 10/04/2025 12:44

DH is 63 this year and planning to retire at 65. His pension has plummeted and we are really worried about it. Our mortgage gets paid off this summer and not sure whether to transfer the money we were paying for the mortgage into my pension pot - I'm 57 and not able to retire until 67 so I've got 10 years to build mine up a bit more, but it's fairly crap to start with.

MollyRover · 10/04/2025 14:51

5 years should help. My medium risk investment has gone from 12% to 2% in the last 2 months but it went from -4% to 12% in the 3 years since I started it during COVID. Before that was the 2008 crash, that was also temporary. It’s difficult I know but try not to worry.

Katieweasel · 10/04/2025 23:03

Not close to these figures but my pension had dropped by about £12k and has already gone back up by £7k

Momtotwokids · 11/04/2025 04:30

If it makes you feel better my husband and I are retired and lost $53,000 from the end of March. The end of April will not be good either. We just have to ride it out.

SeriaMau · 12/04/2025 14:55

Sunrisingsunsetting · 08/04/2025 20:16

About 12%; he is with Royal London, must be a high risk investments? No idea how it works

Seriously? The global economy is crashing and your pension fund is down 12%? That sounds like a low-risk investment to me. I should be so lucky, mine is also d ex finitely low risk but down at least 20%. I have stopped looking. It will recover.

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