Age: 45
Spouse’s/Partner's age: 47
Annual gross income from employment or profession: 80000
Annual gross income spouse:55000
Type of employment: e.g. Civil Servant, self-employed - both private sector
Expenditure pattern: In general are you spending more than you earn or are you saving? No and saving sporadically
Rough estimate of value of home 1000000
Mortgage on home 106000
Mortgage provider: NIB
Type of mortgage: Tracker, interest only, fixed rate - Tracker
Interest rate
Other borrowings – car loans/personal loans etc None
Do you pay off your full credit card balance each month? Yes
If not, what is the balance on your credit card?
Savings and investments: €500 per month unitised with profit policy. €150000 in National Irish Bank Interest plus account. €20000 shares.
Do you have a pension scheme? Yes one db and 2nd spouse dc. Looking to maximise dc to 25% contribution shortly.
Do you own any investment or other property? one. present value in UK €180000 (after CGT of 20%)- no mortgage
Ages of children: 13 8 6
Life insurance: 4 x salary on spouse 1 plus life cover on 2nd spouse
What specific question do you have or what issues are of concern to you?
Spouse 1 would like to give up work to look after own children in the home. From above what moves would you make to try and let this happen?
Spouse’s/Partner's age: 47
Annual gross income from employment or profession: 80000
Annual gross income spouse:55000
Type of employment: e.g. Civil Servant, self-employed - both private sector
Expenditure pattern: In general are you spending more than you earn or are you saving? No and saving sporadically
Rough estimate of value of home 1000000
Mortgage on home 106000
Mortgage provider: NIB
Type of mortgage: Tracker, interest only, fixed rate - Tracker
Interest rate
Other borrowings – car loans/personal loans etc None
Do you pay off your full credit card balance each month? Yes
If not, what is the balance on your credit card?
Savings and investments: €500 per month unitised with profit policy. €150000 in National Irish Bank Interest plus account. €20000 shares.
Do you have a pension scheme? Yes one db and 2nd spouse dc. Looking to maximise dc to 25% contribution shortly.
Do you own any investment or other property? one. present value in UK €180000 (after CGT of 20%)- no mortgage
Ages of children: 13 8 6
Life insurance: 4 x salary on spouse 1 plus life cover on 2nd spouse
What specific question do you have or what issues are of concern to you?
Spouse 1 would like to give up work to look after own children in the home. From above what moves would you make to try and let this happen?