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MNHQ

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

466 replies

KathrynMumsnet · 27/07/2015 09:52

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.

OP posts:
helcrai · 09/08/2015 23:51

That I won't have enough money from my pension is a concern, but what I fear most is being left alone if anything should happen to my family.

spanglisher · 09/08/2015 23:52

To be honest my concerns are less about finance and more about health issues. I think I've enough to live on as things are, but with genetic health issues in the family I'm worried about having to spend all our savings/income on dealing with care and treatment costs

robyn297 · 09/08/2015 23:52

I've taken a few years off work to bring up the children. We don't own our own house yet, so are very worried about retirement as we have no assets and currently we have very little money to set aside for a deposit for a house.

annalisejane · 09/08/2015 23:55

my main concern for retirement is who will look after my austistic daughter when I can no longer physically don't it myself it preys on my mind a lot she needs a lot of care im saving as much as I can each month but don't know how to go about setting up a plan or who to turn to help

pinkspideruk · 10/08/2015 00:51

I worry that I will have to work until I am 68 by which point I will be too old to really enjoy my retirement - especially as I have quite a few health problems. I pay into pension with work and have done since I started working for the NHS over 10 years ago. I would like to be able to retire at 55 like my parents and be able to live on the pension I have paid in for and earned!

bc1616 · 10/08/2015 00:58

That I will not be able to have holidays and treat my children to gifts

glmcall123 · 10/08/2015 01:20

I don't for myself, I worry for my children because they won't have access to decent final salary schemes and low cost housing that previous generations have enjoyed.

superkittycat · 10/08/2015 02:17

Not having enough money to live on

parapluiepliant · 10/08/2015 04:42

I have a work pension TEachers pension which is a pretty good deal as my company pays a % into it too each month. At least a payoff for the stress in education. My partner also has a flat in a good area of a hove which will be paid off in 10 years so we are counting on that too. A who knows though - nothing is certain, life expectancy etc - live for now!

crayola88 · 10/08/2015 08:57

Money! Am I going to have enough to live comfortably!

Dessallara · 10/08/2015 09:01

Not being able to enjoy my life anymore because would struggle with money.

sweetnuttydogs · 10/08/2015 10:32

My main concern is we just wont have enough money to live on :(

Flossiecrossie · 10/08/2015 10:36

Like many my concern is that I just won't have enough to live on when I retire. Despite paying what has seemed a decent amount into a pension when I review the statements it and projections it looks a pittance to live on. I guess the other concern is just not knowing how long we will live and how our health will be, and the impact of both of these against finances.

piggypoo · 10/08/2015 10:49

Just trying to make sure that there is enough to put by so that we can be comfortable. A few people I know, saved and scrimped for years, and then did not live long enough to enjoy the money they'd saved!

emily13 · 10/08/2015 11:01

Just being able to pay the bills really! We are both self-employed so won't have much of a pension.

meggysar · 10/08/2015 12:29

I have a workplace pension but doubt that it ever be enough for me to retire on and the state pension age is being increased to a point where you'll never receive it!!

aligiraffe · 10/08/2015 13:02

I do not have a private pension & am not able to start one at the moment. I do worry whether we will be able to cope on just a state pension when we are older.

broughton100 · 10/08/2015 13:46

i am lucky in that I have a teacher's pension,although conditions constantly change. Worry more about my children who can't afford contributions and will have to work until they drop.

whizzybop · 10/08/2015 14:21

I don't have a pension as my Husband thinks our home is my pension. He says if i lose him I could sell the house and move into a 1 bedroomed flat. This does not give me much comfort! I am a full-time carer and do not have enough money to put towards a pension either so my future seems pretty dire.

snare · 10/08/2015 14:44

I worry that I won't have enough pension to live off

VickyRsuperstar · 10/08/2015 14:54

I am very concerned about whether we will have enough money for retirement and whether we will be able to afford all the bills. I don't have a pension myself as I went to uni for 4 years and then I didn't have one while working as it didn't really cross my mind (silly me). I've been caring for children now for the last 15 years my youngest is 1 and my eldest has significant disibilities and I have been a SAHM. We also have some issues because some of my husband's pension money was lost when we invested £6K of his pensions fund in a company that unfortunately failed. At the moment I am 100% sure that we don't have enough saved up and it all seems a big sea of uncertainty what will happen in the future and I'm not sure if we can rectify it in time. It's also very hard to save any money when looking after a brood of small children who always need something.

TiggersAngel7774 · 10/08/2015 15:19

Having enough to live on as ive not worked in over 10 years between having my son and being his carer

hannahlw85 · 10/08/2015 15:28

I'm definitely concerned about my pension, I'm currently not working due to increasing health problems and havent done for a while, so when I do eventually start again there's going to have been a lengthy gap, so I just don't think I would have enough to live off. My other concern comes from managing to be able to keep working up to an ever increasing retirement age, my body is already starting a downhill turn, especially with my joints, and I am only 30, so having joints that permit me to be able to keep working at that time is a concern. Just need a lottery win!

pixi1008 · 10/08/2015 15:51

Being able to live a relatively comfortable lifestyle to pay the necessary bills and have a little left over to enjoy times with the family

Nataliejane88 · 10/08/2015 16:11

I'm scared that I won't have enough to live on but just can't afford to pay into a pension at the moment. It's difficult.