CadetStimpy
Registered User
- Messages
- 11
Hello,
I've been lurking here for years (great site btw), but this is my first time posting.
I've just left my IT job after 11 years in the same company, and I'm now doing some contracting work for 3months. After that I fancy a career change, which could mean reduced income for a while, or I might continue on as self-employed contractor.
We have a small wodge of cash (SSIAs plus shares) and we're trying to work out the best way to get the money working for us - possibly pay off the mortgage, set up PRSAs - we even looked at a 6 year guaranteed investment with an Eagle Star fund.
Age: 34
Spouse’s/Partner's age: 34
Annual gross income from employment or profession: 60k last year, not so sure about next year!
Annual gross income spouse: 40k
Type of employment: I've just recently become self-employed, she's a civil servant.
Expenditure pattern: In general are you spending more than you earn or are you saving? Saving
Rough estimate of value of home: 360k
Mortgage on home: 185k
Mortgage provider: AIB
Type of mortgage: Tracker
Interest rate: 4.75%
Other borrowings: None
Do you pay off your full credit card balance each month? Yes
Savings and investments:
Shares: 21k
Cash: 26k (recently rescued from NR and now in BOI savings)
Do you have a pension scheme?
We both have Defined Benefit pension from previous employer. I have 11 years service, she has 8 years. Once we left our previous employer we left the pensions where they are.
Do you own any investment or other property? No
Ages of children: None
Life insurance: Life and Critical Illness with Eagle Star
I've been lurking here for years (great site btw), but this is my first time posting.
I've just left my IT job after 11 years in the same company, and I'm now doing some contracting work for 3months. After that I fancy a career change, which could mean reduced income for a while, or I might continue on as self-employed contractor.
We have a small wodge of cash (SSIAs plus shares) and we're trying to work out the best way to get the money working for us - possibly pay off the mortgage, set up PRSAs - we even looked at a 6 year guaranteed investment with an Eagle Star fund.
Age: 34
Spouse’s/Partner's age: 34
Annual gross income from employment or profession: 60k last year, not so sure about next year!
Annual gross income spouse: 40k
Type of employment: I've just recently become self-employed, she's a civil servant.
Expenditure pattern: In general are you spending more than you earn or are you saving? Saving
Rough estimate of value of home: 360k
Mortgage on home: 185k
Mortgage provider: AIB
Type of mortgage: Tracker
Interest rate: 4.75%
Other borrowings: None
Do you pay off your full credit card balance each month? Yes
Savings and investments:
Shares: 21k
Cash: 26k (recently rescued from NR and now in BOI savings)
Do you have a pension scheme?
We both have Defined Benefit pension from previous employer. I have 11 years service, she has 8 years. Once we left our previous employer we left the pensions where they are.
Do you own any investment or other property? No
Ages of children: None
Life insurance: Life and Critical Illness with Eagle Star