If you are approaching retirement, Moneycube provides independent financial advice to help you plan for your future income.
Our retirement planning blog can help you figure out the income you’ll need in future and how best to take your retirement benefits, and you can read more at our approaching retirement centre here.
Please remember that this blog is not financial advice. To receive advice and plan your retirement using Moneycube, click here to contact us.
We all want to do what’s best with our money. Figuring out what’s best is a little more difficult. For sure, no-one wants to be left feeling they made an investment that won’t perform. But it’s just as important to avoid waiting forever for the “perfect” savings opportunity to come along. The trouble is, perfection … Continued
At Moneycube we strongly believe in bringing transparency to investors. For too long, investing has been made seem mysterious – usually in order to charge excessive fees. Here’s Moneycube’s rundown on advisor fees to consider for when investing. Pay direct, or via commission Fees mostly come in two basic flavours: ongoing, and one-off fees – explained … Continued
Remember the Special Savings Incentive Account (SSIA)? It’s been ten years since these matured, creating a nest-egg totalling €14 billion. 1.2 million Irish people took one out. It was a no-brainer: every €4 you put in, the state added €1. A five-year savings plan, with a 25% top-up, guaranteed. The average age of SSIA account … Continued
Start at the end With €50,000 to invest, it’s well worth considering your goal. What’s the money for, and how much will you need? Everything else is working back from here. Avoid extremes Deciding your goal will reveal the most suitable investment type. At this kind of money, best avoid extremes. Except if you need … Continued
A recent report was pretty downbeat on financial prospects for Generation X. Here are some Monday morning reasons to be cheerful if you feel like you’re in the squeezed middle. You’ve got time Money needs time to grow. The good news is that Generation X-ers have the time to put some money aside and get … Continued
Compounding is about getting interest on your interest, rather than just on your original money. Over time, this has a massive effect on the growth of your savings. And investment funds are a great way to get compounding to work for you. Here’s why. The maths is in your favour Take an example of €10,000 … Continued
What is a PRSA? A personal retirement savings account, or PRSA, is Ireland’s 21st century pension plan. It’s the plan that works in a world where you’ll probably work for a bunch of companies through your career. It’s designed for a world where lots of us work for small companies, and the gold-plated pensions of … Continued
Your pension is probably the best long-term financial plan you can make. Why? Because the earlier you sort it, the better it gets. But like so many financial topics you have to peel back layers of complication before you figure out what to do. Good news! We’ve done some peeling for you right here. There … Continued
Here at Moneycube, we help our customers to take control of their money. So we’ve set ourselves a target to put away a million Euros by age 50. Why age 50? Well, that’s the earliest age most people can take benefits from a Personal Retirement Savings Account, or retirement fund to you and me (terms … Continued
