Pensions

In your 20’s and 30’s, perhaps providing for your retirement isn’t top of most people priorities. However, making even small changes to the way you manage your finances can have a large effect on your lifestyle during your retirement. You can make small contributions to your pension plan at this stage, which are fully tax deductible, giving your money time to grow into something much more significant when you need it during your retirement.

Over the last 15 years, allot of Irish people in their 40’s, 50’s have over relied on the increase in value of their home as a means of preserving their standard of living. In the current climate this may not be a wise option. Now might be the time to put a little aside for unforeseen circumstances. With your retirement not a million miles away maintaining your current standard of living becomes the main priority or should be. No one wants a dramatic drop in their standard of living just because they have retired.

Why not speak to our experts and find out what would be the best way forward for you, just enter your details below and one of our advisors will call you back within 24hours.