How much do you think you need to retire?
Summary
Newstalk Breakfast discusses new Royal London Ireland research revealing that Irish people need €3,575 monthly for a comfortable retirement, yet only two in five feel confident their pensions will suffice. Guest Bernard Walsh from Fairstone Ireland explains the complexities of modern retirement planning and advises prioritizing pension contributions over the new government investment scheme due to superior tax relief.
Topics discussed
Intro: Irish retirement cost survey findings
Guest intro and sources of retirement confidence
The importance of clarity and changing costs in retirement
Shift from defined benefit to active long retirements
Comparing new investment accounts vs pension tax benefits
Who benefits from new schemes and the value of early advice
Gender gap in pension provision and women's investment habits
Outro and show promotion
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