Half a million euro for a ‘moderate’ retirement? The lump sums you need to save
Long-fingering investment in a pension or putting too little aside can dramatically affect your income in retirement
retirement
‘Our daughter is almost 40 and moving out soon, but she has told her son that he can stay with us’
Tell Me About It: ‘We think she does not want the responsibility of having him around’
Over-60s can borrow against the equity in their home. But should they?
Equity release can give older people financial peace of mind or the funds for a more comfortable retirement but be careful of the terms and conditions
Repaying your mortgage after retirement never used to be common. It is now.
People are buying their first homes later in life, but there are options so the loan is not a burden when you stop working
‘The retailer is now facing dramatically increased costs’: Leo Crawford, former CEO of BWG Group
Inside Business podcast with Ciarán Hancock
Almost one in three Irish people expect to be repaying a mortgage at retirement
Over a third of this cohort anticipating their mortgage payments will still be ‘significant’ at that stage, according to a new report
Dream holidays for the golden years
A tax-free lump sum on retirement is just the ticket for holidays of a lifetime; it’s time to start ticking off the bucket list
One in five people expect to pay mortgage in retirement, survey finds
Study by Royal London Ireland indicates almost a third do not expect to own a home outright by retirement
‘My husband wants to sell our house, buy an RV and go travel the world’
Tell Me About It: ‘I can’t imagine anything more horrifying than giving up my home to spend it in a tight space’
The sun is setting on traditional retirement
Demographic changes force a rethink, but that’s not necessarily a bad thing
Are you eligible for up to €30,000 in Government-funded retrofit works?
The energy upgrade scheme can provide thousands of euro in upgrades leading to a warmer home, lower bills and a more valuable property
Key to wealth management is aligning financial plans with personal goals
There is no one size fits all method. One should creating a plan suited for your individual circumstances
Diversification of investments is the key to long term growth
Equities outperform other asset classes in the longer term for investors who can withstand volatility and temporary losses
Older workers ‘less likely to have made pension plans’
Consumer survey shows continuing lack of engagement with need to plan early for retirement
Your retirement savings are increasingly tied to the fortunes of big tech
Unfortunately, diversification isn’t what it used to be
‘I am on the receiving end of aggressive behaviour from some individuals nearing retirement age’
Tell Me About It: This behaviour is really tough on all other colleagues and causes huge resentment
Don’t put off planning for retirement
Retirement Planning Council strongly advises that people need to engage with retirement decisions about two years before they expect to retire
Nearly half of Irish adults believe their 60s will be most expensive decade in retirement
Views expressed changed depending on how close the respondents were to retirement, survey by life insurance company Royal London Ireland finds
Pension funds in Ireland still have work to do on customer service
New master trust structure improves governance and should boost pension returns but are struggling on interaction with scheme members
Master trust capacity issues could cost retirees, notes report
PwC confident sector will consolidate and improve outcome for pensioners but short-term challenges remain
Six things you need to do before retirement
It’s never too early to check whether your current pension savings match your plans for retirement, or too late to take action
Auto enrolment plan misses chance to address gender pensions gap
While more than half of men receive a private pension, fewer than one in three women receive the same benefit
Employers may need to run two pensions under auto-enrolment
Department of Social Protection tells employers new rules will allow transfer from compulsory scheme to workplace alternative
Varadkar warns against temptation to delay auto enrolment pension Bill because of elections
Legislation is set to bring 800,000 workers aged between 23 and 60 and earning above €20,000 into retirement scheme for the first time
Annuities or ARFs: what’s the correct decision?
Choices on where to put your pension fund when you retire are very much down to your own views about financial security and investment
Auto-enrolment could deliver pension pots of up to €890,000 for young workers - EY
EY numbers suggest workers could retire with strong savings for retirement under new compulsory pension scheme
What sort of income can you get from a pension annuity? Finding out is harder than it should be
Some in the annuity sector seems to be anything other than focused on openness and transparency with customers
Women more than twice as likely to rely on State pension
Study shows women in retirement still fare poorly under Irish pensions system
How to retire to Portugal: cost of living differences, property and the new tax changes
While the golden visa may be on the way out, the climate and cost of living still has much to appeal to Irish retirees
Housing supply at risk; merit of living frugally; and IDA plans
The best news, analysis and comment from The Irish Times business desk
Is it really possible to retire early? Look at how you are spending your money
Is it spent on things that actually make us happy or is that Amazon order of junk just holding us back from future happiness
Public sector pension bill surges 17% in three years to €175.7bn
Actuarial report notes bill will start to fall from 2040 as impact of newer recruits paying towards their pension takes hold
Retirees should buy stocks, not bonds, study suggests
Bonds provide psychological comfort but the 60:40 strategy ‘comes at too high a price’ in investor return
Irish workers’ sketchy knowledge about pensions could cost them dearly
Pensions in Ireland: Reluctance to accept risk and failure to realise how long your fund needs to last make planning for retirement unnecessarily difficult
‘Unretirement’: How to protect your pension pot if you plan to work after reaching retirement age
Choosing to work beyond the age of 65 can help you top up your pension in the long run but can have implications for lump sums
Pension Awareness Week aims to take the mystery out of pensions
Surveys point to widespread confusion on issues around retirement savings
Ireland is a great place to retire … on paper at least
Figures can be made to add up to almost anything you like, but perhaps caution is the best bet when it comes to drawing conclusions
Republic is fourth best country worldwide for retirement - report
Rising cost of living has hurt ability to save for retirement, say more than two-thirds of respondents
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