The Pension Puzzle – Are You Missing a Crucial Piece?
Think of your future retirement like a jigsaw puzzle – your State Pension is just one piece of the bigger picture.
Conor Cashman and Margaret Buckley from UCC, in their insightful article A Short History of the Old Age Pension in Ireland, emphasize the importance of actively preparing for retirement through a mix of savings, investments, and pension plans.
Adding to this discussion, an archived RTÉ report (2024) highlights a study by the Pensions Council, researched by KPMG. This study outlines three different retirement lifestyles—Modest, Moderate, and Comfortable—along with the estimated yearly income required for each:
Modest, Moderate or Comfortable – Which Future Do You Want?
It’s important to actively prepare for retirement through a mix of savings, investments, and pension plans.
Get in touch today for a FREE Financial Review.
While these figures provide a useful benchmark, the Pensions Council acknowledges that personal circumstances—such as location and health—play a key role in determining retirement needs.
Read the full article:
Our mission at Kinetic Financial is to provide trusted, expert advice tailored to your needs.
How Kinetic Financial Can Help You Plan
At Kinetic Financial, our Kinetic Financial Review is a tailored approach designed to forecast your financial future and optimize your retirement strategy. We focus on:
- Identifying key changes to improve your long-term financial position
- Managing Retirement Drawdown to minimize tax implications
- Maximizing benefits through Additional Voluntary Contributions (AVCs)
- Exploring investment and savings strategies
- Leveraging tax refunds, credits, and reliefs to boost your pension
Take Control of Your Future Today
Many people hesitate to take the first step in financial planning—we get it. That’s why our mission at Kinetic Financial is to provide trusted, expert advice tailored to your needs.
Your future starts now. Whether it’s kickstarting a savings plan or achieving a lifelong financial goal, we’re here to guide you every step of the way.
