Hi all- long time lurker- first time poster. Looking for some advice
Age 53
Spouse age 60
Annual income 25k
Spouse income 21K
Monthly take home pay. Not quite sure as I've started a new job last week. Spouse will be in receipt of pension imminently as they have just retired. I think the monthly income will be about €3600
Type of employment ; Me Private sector
Spouse : N/A
In general are you saving/spending.
Saving a bit after putting 3 through college.
Value of home €450k approx
Mortgage O/S €6600 - will be paid off Sept 2018. €335 a month with EBS. Not sure of the rate
Borrowings - none
Do you pay off your CC every month - yes
Savings/investments - 89k in credit union shares
Pension scheme : Small occupational one from previous employment.
Age of children : 1 dependent aged 13
Life Insurance 50k
My spouse will be in receipt of a lump sum of €60k soon. As the rates are so bad in the banks we're unsure what to do with it. I don't think we'll need to access it any time soon. We've come out of a number of years of real cheese paring having,put three through college and the associated expense. Just beginning to feel a bit more financially secure now.
Age 53
Spouse age 60
Annual income 25k
Spouse income 21K
Monthly take home pay. Not quite sure as I've started a new job last week. Spouse will be in receipt of pension imminently as they have just retired. I think the monthly income will be about €3600
Type of employment ; Me Private sector
Spouse : N/A
In general are you saving/spending.
Saving a bit after putting 3 through college.
Value of home €450k approx
Mortgage O/S €6600 - will be paid off Sept 2018. €335 a month with EBS. Not sure of the rate
Borrowings - none
Do you pay off your CC every month - yes
Savings/investments - 89k in credit union shares
Pension scheme : Small occupational one from previous employment.
Age of children : 1 dependent aged 13
Life Insurance 50k
My spouse will be in receipt of a lump sum of €60k soon. As the rates are so bad in the banks we're unsure what to do with it. I don't think we'll need to access it any time soon. We've come out of a number of years of real cheese paring having,put three through college and the associated expense. Just beginning to feel a bit more financially secure now.