Personal details
Age: 51
Spouse’s/Partner's age: 58
Number and age of children:2
20 and 21
Income and expenditure
Annual gross income from employment or profession:13k carers allowance
Part time work 5k annual
Annual gross income of spouse:
Invalidity pension 11k
Disablement pension 6k
DB pension 3.5 k
Monthly take-home pay
3000
Health ins 3k Annually
Type of employment: e.g. Civil Servant, self-employed. Carers Allowance
Invalidity
In general are you:
(a) spending more than you earn, or
(b) saving
Summary of Assets and Liabilities
Family home worth €250k with a €23k mortgage
Cash of €15k
Defined Contribution pension fund: €185k
In Irish life Setanta managed fund.
Buy to Let Property worth €150k
No Mortage
Prize bonds 35k
Family home mortgage information
Lender UB
Interest rate. Ecb plus .5
(No need to tell us the monthly repayments or what term is left)
950 2yrs left
Other borrowings – car loans/personal loans etc
Personal loan 1k left
Pay 250 monthly
Do you pay off your full credit card balance each month? Yes
Buy to let properties
Value: 150k
Rental income per year: 8.4k
Rough annual expenses other than mortgage interest : 500
Lender N/a
Interest rate
If fixed, what is the term remaining of the fixed rate?
Thanks in Advance
Other savings and investments:
40k in stablecoins Paying 100 euro per week
Do you have a pension scheme?
Dc plus avc total 185k
Do you own any investment or other property? No
Other information which might be relevant
3rd level to cost roughly 45k over next couple of years rental acc.
Life insurance: 320k Dual life
140 per month 20 yr policy 3 yrs left
What specific question do you have or what issues are of concern to you?
Main question would I be better off taking 25 % of pension fund now and leaving balance in Arf.
Or using savings etc to fund college
and letting pension sit
Age: 51
Spouse’s/Partner's age: 58
Number and age of children:2
20 and 21
Income and expenditure
Annual gross income from employment or profession:13k carers allowance
Part time work 5k annual
Annual gross income of spouse:
Invalidity pension 11k
Disablement pension 6k
DB pension 3.5 k
Monthly take-home pay
3000
Health ins 3k Annually
Type of employment: e.g. Civil Servant, self-employed. Carers Allowance
Invalidity
In general are you:
(a) spending more than you earn, or
(b) saving
Summary of Assets and Liabilities
Family home worth €250k with a €23k mortgage
Cash of €15k
Defined Contribution pension fund: €185k
In Irish life Setanta managed fund.
Buy to Let Property worth €150k
No Mortage
Prize bonds 35k
Family home mortgage information
Lender UB
Interest rate. Ecb plus .5
(No need to tell us the monthly repayments or what term is left)
950 2yrs left
Other borrowings – car loans/personal loans etc
Personal loan 1k left
Pay 250 monthly
Do you pay off your full credit card balance each month? Yes
Buy to let properties
Value: 150k
Rental income per year: 8.4k
Rough annual expenses other than mortgage interest : 500
Lender N/a
Interest rate
If fixed, what is the term remaining of the fixed rate?
Thanks in Advance
Other savings and investments:
40k in stablecoins Paying 100 euro per week
Do you have a pension scheme?
Dc plus avc total 185k
Do you own any investment or other property? No
Other information which might be relevant
3rd level to cost roughly 45k over next couple of years rental acc.
Life insurance: 320k Dual life
140 per month 20 yr policy 3 yrs left
What specific question do you have or what issues are of concern to you?
Main question would I be better off taking 25 % of pension fund now and leaving balance in Arf.
Or using savings etc to fund college
and letting pension sit