Trevor Booth

9 results

If you are one of the lucky ones with a pension fund worth close to, or in excess of €2 million, you may  wonder if you’re  paying too much into your pension

It’s not going to affect too many people. But if you are one of the lucky ones with a pension fund worth close to, or in excess of €2 million, you may(...)

Whether you opt for an approved retirement fund (ARF) or an annuity might also be a factor of how much of a tax-free lump sum you can get

If you’re 50 years or over, and haven’t yet started to think about what you’re going to do with your retirement fund when you become a pensioner, it’s(...)

The head of financial planning with Merce says it is “probably bad” for people who had wanted to protect, or ring-fence, the funds in AMRFs, as they will now be obliged to access these retirement savings. Photograph: iStock

Thousands of retirees will have to draw down more of their private pension pots on an annual basis from next March, due to the €5 increase in the Stat(...)

Juggling competing needs such as education and childcare with saving for retirement can be difficult on a limited budget. Photograph: iStock
Planning for your whole life

Our priorities, goals and needs change constantly as we move through our lives. Lifestyle choices like holidays and cars dominate our thinking early o(...)

A diverse portfolio should be able to ride it out in the longer term
Balancing risk and reward

Nobody likes losing money and no one wants to take undue investment risks. On the other hand, there is a requirement to take on at least some risk in (...)

Girl power: A girl poses beside the ‘Fearless Girl’ statue that  appeared opposite Wall Street’s iconic bull in March this year

Taking the worry out of money The Mercer’s Inside Employees’ Minds survey in the US found that personal financial issues impact professional performa(...)

Regular review of the lifetime plan is also critically important, according to Catriona Coady, tax and financial planning adviser with Goodbody
So what’s the plan?

The financial crisis saw many people focus on debt reduction and management, with savings and investments taking a back seat. With the recovery now we(...)

Taking advice  on retirement options is important given their increasing complexity
Taking good advice on board

Retirement options were quite simple and straightforward up until relatively recently. If you were fortunate enough to be a member of a pension scheme(...)

Deposit rates today are effectively zero with some banks even charging investors for taking their money
The search for security

The world has changed greatly since the days when relatively high deposit interest rates and generous bond yields offered savers and investors a range(...)