Starting a pension now is one of the smartest things you could do.
Starting a pension as soon as possible means you are taking control of your own financial future.
You are now saving for your retirement.
Why bother?
The sooner you start saving the better, as the larger the fund you build up, the better the pension you will receive when you retire.
AND …
There are excellent tax breaks for investing money into your pension plan. You are given relief at your marginal tax rate, which means that if you are on the top rate of tax and invest €100 per month into your pension you will reduce your PAYE bill by €41 per month. Effectively, you are investing €100 but it is only costing you €59.
If Jedward and Brian O’Driscoll both started paying into a pension today, who would have the biggest fund built up when they hit 65? Click here to find out!
Self-employed? Click here
An employee? Click here
