Retire at 60? Never Retire Fully? Or Want To Retire ASAP? Which one are you?
A recent survey conducted by iReach on behalf of Royal London Ireland explored the retirement aspirations of Ireland’s working population.
The results revealed that nearly three-quarters of respondents would like to retire by the age of 60—or even sooner. Meanwhile, 7% expressed no desire to fully retire, and 12% would retire immediately if given the opportunity.
Our recent blog on the four phases of retirement examines the challenges that can arise as retirement approaches. It highlights how this transition can sometimes bring a sense of loss and the need for reinvention. Dr. Riley Moynes’ insightful TEDx Surrey Talk provides valuable guidance for retirees and those preparing for this life-changing shift.
Watch it here: The 4 Phases of Retirement
For the 12% who would retire today if they could, the FIRE movement (Financial Independence, Retire Early) may be appealing. This financial philosophy promotes aggressive cost-cutting and maximizing earnings to achieve financial independence as early as possible, allowing individuals to retire or gain greater financial freedom much sooner.
We explore this approach further in our blog:
Balancing Financial Independence with Living in the Moment
For the 12% who would retire today if they could, the FIRE movement (Financial Independence, Retire Early) may be appealing…
At the same time, discussions on popular forums like Reddit frequently ask a pressing question: “How does everyone afford to live?”
For many, the thought of developing a comprehensive financial plan feels overwhelming. Busy schedules—commutes, returning to office life, family responsibilities, and carving out time to unwind—often push financial planning to the bottom of the priority list.
However, financial planning is more than just budgeting and saving—it’s about creating a roadmap for the future. A well-structured financial plan provides clarity, helping you understand how today’s decisions will impact your lifestyle years down the road, whether in 5, 10, or 25 years.
Learn more:
Why Financial Planning is More Than Just Budgeting and Saving
This is where a Financial Broker can make a real difference. We take the time to craft a tailored plan that aligns with your individual needs, ensuring you’re on track for financial security and the future freedom you desire.
