An essential part of your overall financial plan, both the tax relief and long term nature of a pension makes it one of the best retirement planning and wealth extraction tools available today!
Save for tomorrow or live for today? – We all have choices about how much of today's income we want to allocate to our life after we stop working.
It’s never too late if you haven’t already started yet – You cannot rely on the State!
Which option is best for you?
- Personal Pension
- Executive Pension
- Personal Retirement Bond
- Group Pensions
- Self Administered / Self Directed
One of the most attractive aspects of saving into a pension for your retirement is the great tax savings currently available on contributions. There is as much as 40% relief available on contributions for higher rate payers.
For example: €500 per month into your pension only costs €300 after tax relief.
You should also ensure that your pension is invested in funds suited to the length and time you have to retirement and your current attitude to risk.
We can carry out a risk assessment and tailor your plan to your own individual profile.
If you already have a plan in place are you getting good value in term of charges, fees, allocation rates? We can review your existing set-up and compare it to other options which may be available.
Did you know?
Depending on your pension product you can usually adjust, start and stop your contributions in line with your affordability.