We all have a general idea of what we would like to do in retirement, whether it’s playing golf, travelling, or taking up a hobby. However, in order to make those plans a reality we need to have a savings plan for the future. A pension is a savings plan by another name.
While your retirement may seem like a long way off, the sooner you start saving for it the better. Putting a little away now can make a big difference later on. To get an indication of how much you should be putting away each month visit our retirement calculator. And don’t forget that you can avail of very attractive tax relief on savings you make into your pension.
The right pension option for your needs will depend on whether you are an employee, self employed, a company director / business owner or a public sector employee.
If you need help to better understand your pension options, you can meet with a qualified Financial Advisor today.