Our clients’ greatest concerns relate to retirement. They ask:
- How much will the state provide me with?
- What will my company pension(s) provide? (If they are in a scheme)
My questions as an adviser will be:
- When will you retire?
- Where will you live in retirement?
- How much do you think you need when you retire?
- How much are you sure to receive when you retire?
I doubt anybody reading this expects the state to provide a pension that would comfortably fund the life style they want in retirement. If not in a company scheme providing sufficient benefits, then the only thing to do is make provision for your retirement using personal savings.
We offer flexible and perhaps more importantly, portable insurance linked solutions. Whilst these can be viewed and treated like a pension, these type of savings plans are more flexible. You can access money before retirement. If circumstances change premium holidays can be taken. Perhaps most important of all they can be tailored to allow for a change in fiscal residence and targeted on specific retirement locations.
I have clients saving from as little as €300 per month to those that can afford a lot more, it doesn’t matter where you start, it’s a case of “doing something is better than doing nothing”.
Retirement Planning Advice