Putting a little aside today could help you live an active and productive retirement tomorrow.
A surprising amount of people fail to plan for their future, preferring to live in the here and now but planning for your pension and securing your future is one of the most significant things you can do no matter what stage you are in life. Here are some reasons why planning your pension now is so important.
Stay in Control of Your Financial Future
Planning your pension in advance puts YOU in charge of your financial future. There are a range of pension options to avail of in Ireland, giving you the freedom to choose one that suits you. The peace of mind that comes with knowing you have your financial future secure and in control in advance is priceless.
Reduce Stress in Advancing Years
We are now living a lot longer than previous generations. Most of us could have up to 20 or even 30 years of retirement to look forward to. Knowing you have a financial plan in place for when you grow older will reduce stress and allow you to enjoy your well-deserved years of freedom without the worry of how you will cope financially.
Reduce the burden on Your Family
One of the biggest worries for most people is that they will be a burden on their families as they grow older. Having a solid pension plan in place in advance of growing older will allow you the peace of mind that you can look after yourself financially when the time comes and reduce the burden on your loved ones.
Maintain Your Lifestyle and Future Goals with Flexible Plans
There are a wide range of pension options available and no matter what your current employment status is, you can choose a pension that suits you and the lifestyle you want in the future. The current state pension stands at about €230 per week, less than half the current average industrial weekly wage which is not enough for most people to live the active retirement they want.
Do you need some extra support as you begin to think about your pension options? We are a friendly, local team of financial advisors who can help to point you in the right direction to suit your individual needs. Contact us here to book an appointment with a member of our team today.
Visit the Maximum Pension Calculator from Zurich to see how much you can save.