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.

Am worried i will not have another Money to live on,

Getting the timing of retirement right so not too early and not too late, having enough money from our pensions and good health to enjoy it.

We both have very small pensions and my partner doesn't work due to disability so I am concerned how we will manage our finances.

I'm 60 next year so can start taking my private pension. However looking at the annuity options it shows that an annuity will give me a VERY small income.
My other concern is how I manage for income until my government pension kicks in.

I worry about being poor, and my pension not being enough.

having enough money to manage financially

I worry about not being able to retire until my seventies. I really don't think I can continue to work at the same pace in 5 years time, let alone 30!

Being part-time doesn't exactly help to build a decent pension pot and neither does taking time out of work to raise the children, so I worry about being poor too.

Not having enough money

I have never really worked full time. I am 27 and went straight from university to having children. I am getting concerned that I have paid very little money into a pension (just a small percentage of a part time salary) ip the thought of being a burden on my girls when I am older terrifies me.

My main concerns are having enough money to live on and enough to pay for health care.

pressures about working vs enjoying retirement

That the state pension will not cover my needs

I'm worried that won't have enough money. I pay into a works pensiom but only work part time, and my husband is self employed and hasn't got a pension. I know it's something we should sort out but having a young family the money is always needed elsewhere.

I am self employed and I have no idea if I will ever be able to afford to retire :-( Will just have to keep buying those lottery tickets!

I try not to think about it as when I do I constantly fret about the different scenarios I may face..namely not having enough collective funds between my DH and I..or my other half dying before me and then being on my own surviving on an absolute pittance..it really scares the hell out of me.

My concern would be to not have enough money as times change and our current plans might outdate a bit over the years. I don't want to ever be aking my children for anything, so we have a few different plans in place that we already pay in to. My dad is a retired banker, and seeing how well he manages and how sensible he planned during his working years, I think I just keep following his advice.

Having enough money to live comfortably

That after working so hard for so long we wont be able to enjoy retirement due to ill health.

I'm worried that my company pension won't be enough to be able to afford the same lifestyle I'm used to... And money is too tight to be able to increase my contribution!

boredom.... ok, i'm joking i'll be having the time of my life. If I can afford it. So the thing I'm most worried about is having enough money to have the time of my life to avoid boredom.

I have only got a state pension to look forward to,My OH has a final salary pension with a company he worked for for 23 years and a £10,000 pension pot from a company he worked 3 years for,which has just been transfered over to Scottish widows,he is 55 next year and is planning to either take the 10,000 as a lump sum of a chunk out of the final Salary pot to pay off some debts,we are both worried about retiring and still being in debt.

having enough money

Both OH & I have had Local Government pensions since we started working over 25 years ago although my contributions have varied as I worked part time for a number of years and have only recently returned to full-time hours. Despite this, I do still worry that we'll have enough to live a reasonable lifstyle in our retirement, especially since the benefits of our pensions have changed a number of times over the years. I also do worry about our daughters and whether we'll have to help them to get onto the property ladder since property is so unaffordable now.

being really skint. poss homeless :s

My biggest concern is being a burden to my kids.