J
jrushe
Guest
We moved abroad on career break during summer 09.
While abroad we will be missing out on our public service pension contributions for at least two years.
We are working and will have some savings from our current jobs when we return to Ireland.
We are wondering what is the best thing to do?
We have a hefty mortgage in Ireland over 25 years. Luckily we are on a Perm TSB tracker mortgage so the rate is pretty good. Our property is now rented and covers most of the mortgage
While abroad we are not contributing to our public service pensions.
Our question is whether it makes more sense to buy off a number of years from the mortgage or save to attempt to buy at least 1 year pension back.
Paying about 25,000 mortgage per year. Each Year's pension would cost approx 40 000 euro for my wife and me.
Any suggestions
While abroad we will be missing out on our public service pension contributions for at least two years.
We are working and will have some savings from our current jobs when we return to Ireland.
We are wondering what is the best thing to do?
We have a hefty mortgage in Ireland over 25 years. Luckily we are on a Perm TSB tracker mortgage so the rate is pretty good. Our property is now rented and covers most of the mortgage
While abroad we are not contributing to our public service pensions.
Our question is whether it makes more sense to buy off a number of years from the mortgage or save to attempt to buy at least 1 year pension back.
Paying about 25,000 mortgage per year. Each Year's pension would cost approx 40 000 euro for my wife and me.
Any suggestions