Can’t afford to retire? Time to get financially fit
The ERSI has suggested working until you hit 70
Irish life expectancy in 1916 was 53; now one in four babies born in Ireland today will live to 100. This impressive turnaround raises an important question: can we afford the financial costs associated with our new-found longevity?
As it stands, the truthful answer is no, and it is an unpalatable truth for many. Just this week, the ESRI research suggested that one solution might be to increase the pension age to 70. This prompted understandably concerned responses...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures