Scottish Widows would love to hear your concerns about retirement: share now and you could win a £250 voucher! NOW CLOSED

[KathrynMumsnet]

Claire Stracey, Head of Marketing Communications at Scottish Widows says:

"We know thinking about retirement is probably not front of mind, especially when you have more pressing tasks to take care of as a busy mum. Whether you’re in full-time employment or you’ve taken a career break, we’d love to hear any retirement planning questions that keep you awake at night. Have you had trouble finding clear information on your pension options? Are you confident that you’re setting yourself up for the best possible retirement?

We want to make retirement planning less daunting so we’ll be sharing stories and suggestions from our pensions specialists to help you get - or stay - on track.

So what are your biggest concerns when it comes to retirement? Let us know on the thread below and look out for pensions information for mums here; on Facebook and on ScottishWidows.co.uk."

By leaving your comment below, you’ll be entered into a prize draw where one lucky Mumsnetter will win a £250 John Lewis voucher*. Standard T&Cs apply and can be viewed here.

Thanks and good luck!

MNHQ

*Scottish Widows and The Lloyds Banking Group are not affiliated to the prize draw and accept no liability in respect of the prize draw.

Ever been able to retire, the Government keep changing the goal posts. I am extremely lucky to be in a final salary scheme but for some reason despite all the warnings about shortfalls, it has not been closed to new starters which will be detrimental to existing participants, selfish I know but so much has changed since I first started paying into it. It is even more frustrating when you find out that those who have never worked through laziness will get the full state pension. The other worry is the state of the NHS, every week there is more bad news and the Government seem incapable of any direction.

My biggest concern would be financial security. Am considering putting money into ISAs over pension funds od insurance schemes.

I worry about the cost of living and if i will be ok. Although where retirement is concerned, i do tend to be ignorant and not think about it as much as i can and tend to have the wrong attitude of worry about it when it approaches!

I think my concern is about how much I will have and how much I will need as its so long until I will retire.

I worry that firstly I have to work until I am quite old and won't get to enjoy my pension and secondly that my pension won't be enough. I pay into a employer pension whereby they top it up but I don't know whether I should pay more into it or save seperately

Having enough money to live on

I find it very confusing where it is best to put our money! My husband has a fantastic pension scheme but my Dad lost so much money with his a few years back. I worry more about my parents right now.

I do wonder if i will be physically fit enough to keep working in health care until I retire.

I guess my biggest concern about retirement is I have not put adequate funds in my pension. I keep meaning to put more but the cost of raising a family prevents that.

i don't earn enough to put into a pension so will be very concerned how i will live when older

that my pension doesn't provide me with enough pennies

When I started teaching my Dad gave me a great bit of advice not to just depend on my teacher's pension for old age but save what you can as well ie. don't put all your eggs in one basket.
He knew I would take time out to have a family and in the end I only had 23 years of contributions when I finally retired 6 years ago. So I squirreled some money away each month (sometimes only a few pounds but it became an established habit) The only problem has been that my retiring co-incided with the recession and low interest rates nevertheless the interest has been enough to prop up my pension without having to touch the capital which is fortunate as I paid married woman's stamp so am not entitled to a state pension in my own right.

Having a huge unexpected cost and not being able to afford it!

Failing health. Poverty & loneliness.

With the cost of living rapidly going up my biggest concern is that we won't have enough for us and our boys

My husband and I have had private pensions for about 10 years and work pensions for a few years, I worry that it won't be enough for us to live comfortably when were older esp with a mortgage still to pay and the cost of utilities constantly rising

Not having enough money to live on. I have always paid into a pension at work but the final salry schemes were closed and money transferred to defined benefits that have not performed well. I now feel it is too late to build up a suifficient pension pot if I am to have enough left to live on right now.

I have not got a lot of faith in pension providers to get a good return for me. They all seem to be able to earn good fees and commission but the returns to savers are low and this is made worse by the current low interest rates.

My biggest concern is not knowing who to trust. Everyone seems to be an expert. And most seem to be after commissions rather than giving good advice. There are also a lot of unknowns in planning for retirement, both personally and in the economy. It has been proven that most of what the government says as well as the banks cannot be trusted.

I worry that if we may still be paying our mortgage when we want to retire.

having enough pension

Whether or not ill be able to live off the money I would get in a pension

having enough money to enjoy our retirement.

i worry that by the time i retire, the government will hike retirement age to 75! I think i'll be in either really bad health by then or dead!! I want to retire at 60 or 65 when i still have time left to enjoy myself.

Not having enough money.

I worry about not being able to retire comfortably. We are planning well but there are still so many unknowns.