Monday April 6, 2020

Lump Sum Special: Make sure your figures add up

Retirees shouldn't rush into doing things such as paying off all their debts in one go, writes Emma Kennedy, Personal Finance Correspondent.

19th February, 2012
2
Retirees assessing their financial position should check their level of life cover and insurance cover. Photo: Thinkstock

Retirement is a significant life event as well as a financial milestone, and can lead to a range of important decisions.

For thousands of public sector workers who have decided to take the plunge and end this phase of their working life, the decision to retire probably involved a lot of number crunching over the last few months.

Would-be retirees - whether public or private sector workers - need to consider the change in income...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago