By Guiding Your Retirement Plan
When should I start planning for Retirement?
You can never begin preparing for retirement too soon or too late. The most essential thing is that you begin! Even if it takes a long time, consider and picture yourself living a certain way when you retire. Is it the same as your current one?
Do you want to go on more adventures and have more fun?
Plan Ahead
The majority of us aren’t thinking about the potential reduction in earnings we might suffer if we don’t plan ahead or aren’t aware of what it’ll cost to maintain our lifestyle. Some people may be banking on an inheritance or a windfall, but what if one doesn’t arrive?
Is it possible for you to enjoy the lifestyle you desire in retirement on €12,912 a year?
Most Tax efficient thing you'll ever do
Pensions are tax-friendly. One of the most tax efficient things you can do is to contribute to a pension plan at a higher rate of tax, since you will get tax relief at that rate. Putting something away may not cost as much as you imagine!
Did you know that simply saving €200 each month, after taking into account 40% tax relief, may only cost you €120? The difference of €80 is going straight into your pocket rather than revenue coffers.
The main reason for not saving to a pension is that nearly 36.2% of individuals who do not have a pension cited “never getting around to it.”
Why not take the first step now by starting the conversation with us?
Retirement Planning
There are numerous distinct kinds of pension programs accessible to fit a wide range of requirements and circumstances, including Personal Retirement Savings Accounts (PRSAs) and Personal Retirement Bonds (PRBs).
For individuals nearing retirement, the option of what to do with the money they’ve already saved might be on their minds. Depending on your situation, there are various alternatives..
Whether you’re saving for retirement or protecting and spending what you have, we’d love to learn more about your story and goals so that we can help you live the best possible lifestyle in retirement.
