As you prepare for retirement, you’ll face important decisions on how to take your pension. In fact, there’s never been more opportunity for people in Ireland to control how they take advantage of their pension pot. Tax-free lump sum, lifelong annuity, and approved retirement fund (ARF)? We can help you decide.
My husband and I are in our mid to late forties and will have our mortgage paid off in the next three months. At that stage we will have an additional €2,500 per month disposable income. We are wondering how best to invest this to help us achieve early retirement. We have already maximised our … Continued
I have a Revenue-approved small self-administered pension (SSAP) fund with €300,000 in cash. I would like to invest it in building a house for rent. The house would be owned by the fund and the rental income paid into that. I have identified a site in Limerick. Can my SSAP fund purchase the site, apply … Continued
Pensions Awareness Week is back! Pensions Awareness Week is an initiative to raise awareness about retirement planning, and help people take charge of their long-term savings. This year, we’re going digital. Taking place from 21 to 25 September, we will host webcasts, offer content and consultations, and speak up in the media. We’ve … Continued
Done right, a financial plan cuts stress, improves your finances, and helps you achieve your major goals in life. Like a jigsaw puzzle, a financial plan can have a lot of separate pieces, and different levels of detail. It can be about your values and dreams as well as practicalities. But above all, it needs … Continued
Coronavirus hit the financial markets in a big way during March. As a result, many pension savers will have seen a drop in the value of their savings over the last few weeks. So should you take action? Read our five-point guide to find out what it all means for your retirement fund, and why … Continued
From our work advising small and medium-sized businesses, new businesses, and company owners, we find five factors distinguish strong pension offerings. Here’s Moneycube’s rundown on how business owners and managers can set up and run a successful company pension and benefits offering. 1. Keep it simple A company pension is something you want to set, … Continued
Are you are a 1970s child and want to know when you can retire? In order to receive the State pension in Ireland, you’ll be waiting until at least 2038. But by making some changes now and taking charge of your pension plan, you might not have to wait that long to stop working. In … Continued
Most people’s investment and pension aims are pretty simple. To build up a nest egg for a house, a car, an education. And to retire with a pension that lets you maintain your lifestyle, and maybe travel or do more of what you like to do. Why should that be so complicated? Investing can be … Continued
Not every millennial is spending their cash on avocado toast and cortado coffees. In fact, many in their twenties and early thirties know that doing the right thing now can make a massive difference to your wealth. But translating that into practical steps can be hard. Tired of reading about how you’re doing it wrong? … Continued
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