How to make a financial plan for 2018 and beyond

Now is a good time to take a hard look at income and expenditure, at areas where you can save money, and how you can plan ahead

On a taxi journey a few years ago, Eoin McGee found himself in familiar territory when the conversation turned to pensions.

The driver told McGee, a certified financial planner and principal of Kildare-based Prosperous Financial Planning, that his pension was “cheap” at a cost of just €50 per month.

It was a false economy and an all too common mistake, McGee said. “With pensions, people assume they are okay once they are putting ...