Age: 40
Spouse Age: 41
annual gross salary 50k
annual gross salary(spouse) 30k
Working Private Sector
Est Value of Home..think about €300k today and moving downwards as each day passes
Thankfully no mortgage
No job security
No borrowings
No o/s balance on credit card
Approx €250k in savings spread accross several banks earning little or no interest as I don't want to tie it up for long periods in current climate!
No investment property
I have a PRSA pension account
4 children under 12
No seperate life insurance other than cover from employment contract
I know I am in a very lucky position at the moment but am stressed out...how safe are my savings in Irish banks? and also are there any solid investment opportunities out there?
Spouse Age: 41
annual gross salary 50k
annual gross salary(spouse) 30k
Working Private Sector
Est Value of Home..think about €300k today and moving downwards as each day passes
Thankfully no mortgage
No job security
No borrowings
No o/s balance on credit card
Approx €250k in savings spread accross several banks earning little or no interest as I don't want to tie it up for long periods in current climate!
No investment property
I have a PRSA pension account
4 children under 12
No seperate life insurance other than cover from employment contract
I know I am in a very lucky position at the moment but am stressed out...how safe are my savings in Irish banks? and also are there any solid investment opportunities out there?