Category: Retirement planning

Auto-enrolment in Ireland: if you’re serious about your pension, Ireland’s auto-enrolment solution won’t get you there Moneycube’s calculations indicate a regular person can hope for a retirement income of just under €12,000 per year using Ireland’s promised auto-enrolment programme.   On 29 March the government announced auto-enrolment really is coming to Ireland – in 2024. … Continued

 The countdown continues.  Today US Treasury Secretary Janet Yellen set a date of 5 June as the final date to raise the US debt ceiling. Failure to raise the limit by then will mean the US government would begin to default on its obligations. What is the US debt ceiling? The debt ceiling is the … Continued

Forget bitcoin and the metaverse… even tech firms more generally have had a tough time of it over the last 18 months. But 2023 is surely the year where AI, artificial intelligence, has got real attention.  So should you be investing in artificial intelligence, and if so, how? ChatGPT is just a start What seems … Continued

I’m 64 and I’m about to retire soon. I’m on a defined contribution pension scheme with my company, and my employer’s pension provider is asking me to choose between buying an annuity and an approved retirement fund. I find the subject too complex and I’m afraid if I make the wrong choice that it will … Continued

Inflation in the Eurozone seems to be going in the right direction, falling to 6.9% in March 2023, down from 8.5% the previous month.  What does this mean for interest rates, and your savings and investments? Inflation is still too high Firstly, inflation is still higher than where consumers, businesses or policymakers want it to … Continued

If you live in Ireland but worked in the UK during your career, there’s a good chance you’re entitled to the UK state pension as well as your Irish one. As the rules will change soon, you must act fast to make sure you’re getting your maximum UK entitlement. *** Update June 2023: The UK … Continued

Are you financially fit?  Here’s Moneycube’s one-minute financial health check to help you take the pulse of your finances. Is your money working for you? Spring 2023 has seen a marked rise in volatility in the markets. There are winners and losers. Do your investments fit with your true appetite for risk and reward? If … Continued

Welcome to Moneycube’s annual roundup of the best investments available in Ireland. Jan 2024 update: Our more recent post highlights the best investment opportunities for your money in 2024. We’ve chosen five funds we think have strong potential for the year ahead in the wake of nasty 2022, and a promising start to 2023.  If you’re looking … Continued

It’s been a bad year for my investments.  I hold several investment funds and some individual stocks.  Overall I’m down more than ten percent.  2023 seems as uncertain as what has gone before.  Should I sell my investments, adjust or hold on tight? – Anon 2022 was a year to forget for almost anyone with … Continued