80% of people in Ireland can now expect to live to retirement age.
This is great news - IF we have made provisions to have a regular income to suit our lifestyle when we reach retirement.
We can now expect to live 20 - 25 years into retirement - almost half our working lives! Although we will not have the same expenses then as now, we will still need a significant income to ensure we continue to enjoy the same standard of living we have grown to expect.
Hession Life & Pensions Ltd can advise and create the following types of pension plans:
- Personal Pension - for PAYE workers and self employed
- Executive Plans - for company directors
- Company Plans - for owners, directors and employees
- PRSAs - a new type of pension plan available to all whether working or not
You MUST start planning now - its never too early and Hession Life & Pensions Ltd can help you identify exactly how much you need to put into your pension plan and how much you can afford.
Remember that you can avail of huge tax savings when paying into your pensions, so every year you are without a pension in place; you are missing out on large tax savings.