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If you insist on using a 4.5% growth rate - it has to be an inflation adjusted return ( and it's still low compared to the last 60 years)

I've adjusted to account for ASC - for 65000 salary works out as 1.56% - therefore upped contributions for DC Private to 8.06% Reduced Growth Rate to 4.5% Private DC Figures Total private pension pot after 40 years : € 584,928.25 lump sum of €97500 leaves € 584,928.25 - €97500 = € 487,428.25...

Looking at a Private DC vs Post '95 PS Pension Private DC Figures €65,000 annual salary over 40 years - doesn't vary for simpler calcs 6.5% annual contribution - no match by employer conservative 7% growth Total private pension pot after 40 years : € 898,361.46 lump sum of €97500 leaves €...

I take all the comments here pointing out characteristics of the different PS pensions. There are pros and cons of PS pensions and DC private pensions. But the oft-quoted "PS Gold Plated Pension" is not reality. But if a person starting out in their working life were to analyse a Post '95 PS...

Yes. All of the above - inflexible. As regards taking money with them - the single person with without dependents is a tidy example. But for a person with children >18years - they leave nothing from a pension which they have contributed to for their working lives. Unlike a private pension which...

PS pensions are inflexible in that Nothing passes to the estate of the individual - so if someone is single and childless and dies the day after retiring the pension dies with them There is no benefit in working beyond full service - therefore, ps workers feel pressure to retire otherwise they...

I listened back. First woman was 26. That does change it slightly. She's only starting out on her working life. A social house will station her in one area and will make her reluctant to move to take other opportunities.

@Marc Thanks Marc. I found and read a lot of your resources on this area before and found them very helpful!

I especially wanted to answer this as I've seen so many threads in the past and wondered "how did that happen...". I semi-conciously under-valued the property values 5 years ago. I was still in post-GFC PTSD mode and wanted to err on the side of pessimism. Other than that there was one...

Hi. I wanted to come back after 5 years and give an update on my progress after some great perspectives here 5 years ago. Updated details: Age: 45 Spouse’s/Partner's age: 43 Annual gross income from employment or profession: 90000 Annual gross income of spouse: 60000 Monthly take-home pay...

One of my children has a medical card. Up until now I have still added him in our health insurance annual payments. Is there any advantage to buying health insurance for him if he already has a medical card?

Hi everyone I have three young kids. The eldest is now 7. I want to start giving a weekly allowance to start teaching them about money. How much do you all give your kids? What's appropriate? It's the usual thing - I'd like them getting an amount that's similar to their peers. With Covid...

I think your logic is right...you will pay back more. Landlords will get no benefit from this. If the take a break they will pay everything back overtime with interest. But remember...we're all in this together.

@Sarenco But the fact that you have to transfer your money into sterling to buy it. If sterling falls will that not affect your holding? Or is it that the counter balance of it's holdings being worldwide will mitigate this? Is there a strong evidence that this balance will hold?

Hi @Sarenco Do you have any particular strategies in hedging agains't sterling risk when investing in a sterling trust like F&C?

Can't you stream new releases from YouTube...similar rental prices to DVD shops

I have empathy with this situation. Outside of the main cities - Dub, Cork, Galway (possibly Limerick) there are very few good private jobs. When you get get one of these jobs and want to progress, you have no bargaining power with your employer because they know there are very few...

I looked into these a lot. Everything on the market is very american oriented and suit the types of doors they have over there. I have a front/back door with 3 levers and therefore a metal strip down the side of the door that prevents the smart locks on the market from being retro fitted. The...

Any opinions on hedging currency risk with US domiciled etfs?

Yes we are jointly liable. Again it was an unusual circumstance that was unavoidable with very unaccomadating bank. It's a commercial property. Relations are fine with the other party involved with the mortgage. But it has caused difficulties with our own situation regarding looking for other...