Hi everyone,
I'm in desperate need of help here!
I am a married 36yr woman with 3 kids. I currently work as an administrator earning 30k p.a. My husband currently earns 50k.
My problem is that I dont have a pension (my husband has one through his work).
On advice from a friend I went to see a broker who made no sense to me (I'm sure he was very good - but I couldn't understand the terms and lingo). I was told that with a self administered pension, I can take out money during the term to buy property etc and not wait until retirement age to get the money. If this is the case, this would appeal to me more than the 'normal' pension.
I understand that I'm talking very generally here but I don't really understand the whole pension structure.
What I really need is some advice on where to start!
I can put approx 200 euro p.m. into my pension.
Thanks in advance!
I'm in desperate need of help here!
I am a married 36yr woman with 3 kids. I currently work as an administrator earning 30k p.a. My husband currently earns 50k.
My problem is that I dont have a pension (my husband has one through his work).
On advice from a friend I went to see a broker who made no sense to me (I'm sure he was very good - but I couldn't understand the terms and lingo). I was told that with a self administered pension, I can take out money during the term to buy property etc and not wait until retirement age to get the money. If this is the case, this would appeal to me more than the 'normal' pension.
I understand that I'm talking very generally here but I don't really understand the whole pension structure.
What I really need is some advice on where to start!
I can put approx 200 euro p.m. into my pension.
Thanks in advance!