What Is An Annuity?

What Is An Annuity?

Many people will have heard pension conversations mention the words Annuity and ARF without understanding (or not being interested in) what they actually mean. So here goes. When you retire your pension fund first provides you with a tax free lump sum. You will...
How Much Do I Need To Retire?

How Much Do I Need To Retire?

A question I get asked countless times is, how much do I need to retire? While there is no exact answer, and certainly not one figure that applies to everybody, there are two methodologies we can use to come to a conclusion. The Salary Method You’ll probably have seen...

Pensions Made Simple (ish)

Made simple, really? OK maybe I’m setting the bar too high but I want to tell you all you need to know about pensions. I’m bored already. Wait, this is important. Just give me 2 minutes of your time. OK, go on then, why do I need a pension?  Because your income could...

Ireland’s Pension Crisis

You may have noticed (or hopefully missed!) various news headlines recently about the terrible state of pension coverage in Ireland. Here’s a quick summary of the depressing facts. The Chairman of the Pensions Authority said that what people expect to receive in...

Don’t Get Stuck In Default Mode

Do you think you have free will? How often do you exercise it? You may need to think twice about your answers because every time we make a decision there are powerful behavioural forces hampering our ability to choose. The dominant force I want to talk about is...