Saturday December 7, 2019

Your Money: Taking active steps towards retirement

Retirement signals financial and pension worries for some, but for others it means a new phase of life and opportunities that weren't there before, writes Emma Kennedy.

30th March, 2014
Retirement can present the opportunity to take a new direction. Picture: Thinkstock

Demographics are changing, forcing us to re-evaluate our view of ageing and what it means.

Ireland's population is getting older, which poses significant challenges for the pensions system. According to an OECD report on the Irish pension system published last year, population ageing in Ireland ''is expected to be rapid.

''The number of people aged 60 years or over today is 781,000 in Ireland, accounting for roughly 17 per cent of the total population. These...

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