PENSIONS

Pensions

  • The mere mention of the word can sometimes trigger different reactions but a lot of the time it is apathy caused by confusion as the area can be quite complicated and this puts people off, also as I mentioned earlier the Ostrich effect stops people addressing this issue. Once you have a chat with us it is made really simple, how much do I need when I retire (inflation is hands down your biggest enemy) how do I combat inflation, how much of a pot do I need and how much do I have to put in to get there, how much of a state pension am I entitled to?
  • We provide all the answers to this puzzle for you, you probably don’t know this you are a long way there with the state pension which is quite generous and probably have old pensions tied up elsewhere which we will help track down and integrate into your plan.
  • The bottom line is you will be surprised(on the low side) how much you have to put in to reach your goals and the best way to think of a pension is it’s a long term savings plan with tax relief.
  • If I told you that if you give me €10,000 today and overnight I would turn it into €16,600 and that revenue would sign off on this would you do it? Of course you would, you would be mad not to do it.
  • That’s a pension just in reverse if you place €16,600 into your pension and are on the higher rate of tax of 40% you will receive back 40% in tax relief costing you €10,000 in total, now that’s attractive. 

 

Contact us at Info@treatywealth.ie or James@treaty wealth.ie, 

Call 061 123456 or James on 087 2725252