Getting comfortable with your pension requirements

The state pension is unlikely to provide people with the kind of lifestyle they expect after 40 years of work. This is where private schemes step in

9th October, 2016
4
John Groarke, Senior Marketing Pensions Manager, Irish Life

Various statistics make Ireland’s pensions challenge clear: Irish people are living longer in retirement; we’re an ageing population; there will be two workers for every one retiree by 2050; the cost of healthcare in retirement is increasing, and so on.

While steps have been taken to partially reduce the cost of the state pension by gradually increasing the age from which you can get it, it is still difficult to see how...

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