It is never too early to start planning for your retirement, whether you are married, cohabiting, in a civil partnership or single. People are living longer as well as leading more active and healthy lives due to medical advancements and better healthcare. Starting a pension today means that when you reach your pension age, you will have a fund built up to supplement your state pension so that you can retire well.
When you are looking for pension advice in Ireland, there are many options available to you beyond the state pension. While the state pension works out at approximately €12,000 a year for a single person, provided a person qualifies for it, for many people this is not enough to live on to maintain the lifestyle to which they are accustomed.