Starting a pension is one of the smartest decisions you can make. It could help ensure a brighter, better future to look forward to. When you’re choosing a pension, having all the information you need is key. So we’re here to help you select one that’s right for you.
Your retirement years needn’t be your twilight years. With most of us living longer and healthier lives than our parents and grandparents, we have more pensionable years to look forward to. Starting your pension now could help you do the things you’ve always wanted to do when you retire.
What is a pension
A pension is a long-term savings plan that helps you save for your future. Unlike a regular savings account, money invested in your pension can earn important tax breaks. And when you retire and look for access to your fund, the benefits can be available in a tax efficient way.
Why take out a pension
These days we are living longer than previous generations. In fact, most of us can now look forward to 20 or even 30 years of retirement. A pension can help you plan for these years – whether you want to retire to the country, travel, or spend time with your grandchildren.
Ireland’s State Pension (Contributory) stands at about €230 per week, less than half the current average industrial weekly wage. While the State Pension (Contributory) can help you get by, it may not be enough to allow you to live the active retirement that you want.
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Jim Mannion & Co. Insurance is a family run company. Established in 1985, we have built a strong reputation for our superior customer service having developed relationships with a large number of insurance companies to give access to a wide variety of products to cater for different customer needs.
Our experienced staff endeavors to provide a professional service by providing customers the best value for money product to suit there needs.