Hi Folks, First time posting, I'm hoping to get some good advice.
Age:
43
Spouse’s/Partner's age:
43
Annual gross income from employment or profession:
E95,000
Annual gross income spouse:
E60,000
Monthly take home approx 8000
Type of employment:
Me Private
Spouse public
Expenditure pattern:
neutral, we have never overspent or over saved!
Household expenses of approx 1700per month excl mortgage,
Tansport expenses of 600 per month,
leisure expenses of 1300 per month (eating out/holidays/other, children & creche of approx 1300 per month.
generally dont finance a car, so every couple of years a car is saved for and purchased outright
Rough estimate of value of home
E515,000
Mortgage on home
E279,000
Mortgage provider:
BOI
Type of mortgage: Tracker, interest only, fixed rate
Fixed from 2022 for 5 years, approx 21 years left on Mortgage, monthly payments of 1380€,
3%
Other borrowings – car loans/personal loans etc
None
Do you pay off your full credit card balance each month?
Yes, rarely use credit cards
Savings and investments:
combined savings of €40,000.00
Saving 1200€ per month combined
Do you have a pension scheme?
Yes, I pay E395pm into personal pension, only started 2 years ago
Her company pay E250pm into a pension
Do you own any investment or other property?
No.
Ages of children:
4 & 7
Life insurance:
Yes.
What specific question do you have or what issues are of concern to you?
We have some cash to spare every month, but not really using it to do anything with.
We have 2 kids and would like to begin saving for their futures, we have some money circa 4.5k put away for them.
We dont mind living life but just cant seem to get a solid approach together for the future, we are not very good at savings and investments and looking for some guidance.
Age:
43
Spouse’s/Partner's age:
43
Annual gross income from employment or profession:
E95,000
Annual gross income spouse:
E60,000
Monthly take home approx 8000
Type of employment:
Me Private
Spouse public
Expenditure pattern:
neutral, we have never overspent or over saved!
Household expenses of approx 1700per month excl mortgage,
Tansport expenses of 600 per month,
leisure expenses of 1300 per month (eating out/holidays/other, children & creche of approx 1300 per month.
generally dont finance a car, so every couple of years a car is saved for and purchased outright
Rough estimate of value of home
E515,000
Mortgage on home
E279,000
Mortgage provider:
BOI
Type of mortgage: Tracker, interest only, fixed rate
Fixed from 2022 for 5 years, approx 21 years left on Mortgage, monthly payments of 1380€,
3%
Other borrowings – car loans/personal loans etc
None
Do you pay off your full credit card balance each month?
Yes, rarely use credit cards
Savings and investments:
combined savings of €40,000.00
Saving 1200€ per month combined
Do you have a pension scheme?
Yes, I pay E395pm into personal pension, only started 2 years ago
Her company pay E250pm into a pension
Do you own any investment or other property?
No.
Ages of children:
4 & 7
Life insurance:
Yes.
What specific question do you have or what issues are of concern to you?
We have some cash to spare every month, but not really using it to do anything with.
We have 2 kids and would like to begin saving for their futures, we have some money circa 4.5k put away for them.
We dont mind living life but just cant seem to get a solid approach together for the future, we are not very good at savings and investments and looking for some guidance.
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