Category Archives: Pension Planning
What’s your Number?
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What’s your Number?
We have already seen in my last Blog how according to the European Anti Poverty Network (EAPN) the “at risk of poverty line” is an income of €12,400 p.a.
But how much do you need to have a secure and comfortable retirement? In other words what is your number ?– the income figure that [...]
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Is the State Pension Enough for you?
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Income Requirement in Retirement
The European Anti-Poverty Network (EAPN) in Ireland has estimated that the “at-risk of poverty line” (in terms of income for an individual), stands at €238.69 per week.
The €12,400 figure (€238 x 52) represents the basic minimum income required to ensure an acceptable standard of living.
It’s based on a single retired person whose [...]
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Defusing the Pensions Time Bomb
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Defusing the Pensions Time Bomb
The expression Pensions Time Bomb is very accurate because as our working life ticks down to retirement many people are ill informed and ill prepared for their retirement. And although the results may not be explosive, no doubt many people are in for a shock when they reach retirement.
There are perhaps [...]
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Reaching your Number in Retirement