Category Archives: Pension Planning

Reaching your Number in Retirement

By Wexford Financial Services | Published: September 26, 2013
# Reaching your Number in Retiremen In my last blog I outlined how a fairly modest retirement could cost €31,320 p.a. But if you are somebody working in the private sector how much should you be saving each month to meet this target level of income? There are different factors that will ultimately influence the size of [...]
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What’s your Number?

By Wexford Financial Services | Published: September 25, 2013
# 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?

By Wexford Financial Services | Published: September 24, 2013
# 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

By Wexford Financial Services | Published: September 23, 2013
. 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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