Both myself and my partner are both scale 4 teachers and are considering our options if the proposed pension changes come into affect. We would be paying around £200 each into the pension scheme which wouldnt pay out until we were 68, and be 17% less than it is now. We are considering pulling out of the scheme, paying the money (which would be £400 between us) off the mortgage a month. We would therefore pay the mortgage off more quickly, get a bigger house quicker which we would again pay a large amount per month off. We would then consider going part time during our early 60s, working 2-3 days a week, this would fund our spending. I am extremely concerned about scrimping and scraping during my 'golden time' of life (27-50 odd) when I should have money available to go on holidays, have children etc etc and for what? So when I retire at the age of 68 I will be too old to enjoy the money, end up spending it on a retirement home and being next door to someone who has been state funded to be there! I am going to seek some professional advice on the matter, but thought I would ask opinions of people on here. Sensible responses are much appreciated!