How do you feel about pension planning? Hopeful, anxious, positive, overwhelmed?
I feel anxious about pension planning because not having learnt about it at school it’s quite daunting. And it’s not a task that you really want to approach with any aplomb. I’ve just adopted the approach that I’ll try and save as much as possible and worry about it when I retire, which probably isn’t the best policy.
What I learnt about pensions I picked up myself just looking at government websites and listening to other people talk about it on the television. Basically, I’m just keeping my fingers crossed.
How confident are you about your understanding of pensions?
I’m not too confident. I rely on the statement I get from my pension company and if the figures look large enough then that keeps me quite happy. But generally, I just try and save as much as possible and hope that it’ll be what I need for a comfortable lifestyle when I retire.
What worries you most when thinking about pensions (and retirement)?
I think what worries me the most is whether I’m going to need healthcare when I’m older and can I afford it. That’s my main concern, having enough money when I retire to afford healthcare should the worst arise.