Starting pension contributions early is a major advantage but is really only the first step towards a comfortable retirement. Even though it may seem like a distant dream, how can people ensure they have built an adequate nest egg to meet their financial needs when the time comes? Shane O’Farrell, director of workplace markets for Irish Life Employer Solutions, says it’s about having enough to pay for “the life you want when you finish working”. “That means it’s about the quality of the pension you have, not simply just having one.” The reality, O’Farrell says, is that many people will find a gap between what they have and what they’ll need. “So, you need to be honest and ask yourself, do the numbers add up?” Evelyn Ryder, director, corporate pensions with New Ireland, says a good starting point is to review all the pension assets that an individual may have,…
The Irish Times · Irlandahace 45 minutos