Personal details
Your age: 53
Your spouse's age: 56
Number and age of children: 1 who is 22
Income and expenditure
Annual gross income from employment or profession: €20,000
Annual gross income of spouse/partner: €70000
Joint Monthly take-home pay: €5700
In general are you:
(a) spending more than you earn, or
(b) saving?
Definitely saving
Pension (13% + 4% employer + employee contributions for spouses income
Summary of Assets and Liabilities
Family home value: €450k
Mortgage on family home: 0
Net equity: €450k
Cash in credit union: €14500
Bank notice savings account: €40000
pension fund: €500k
Aus superannuation : €31k
UK Pension: Full in 2037 for spouse -
No other borrowings.
Do you pay off your full credit card balance each month? Paid off in full monthly
What specific question do you have or what issues are of concern to you?
1) I am seriously ill. We would like my husband to be able to retire early . How could we work towards this and perhaps make these savings in our credit union and savings account work better for us. We have maxed out the pension fund.
2) Our son is 22 and also has €15k in a credit union account. How could he make it work better for him and what account could he set up or fund to setup a monthly saving amount to.
Thank you so much
Your age: 53
Your spouse's age: 56
Number and age of children: 1 who is 22
Income and expenditure
Annual gross income from employment or profession: €20,000
Annual gross income of spouse/partner: €70000
Joint Monthly take-home pay: €5700
In general are you:
(a) spending more than you earn, or
(b) saving?
Definitely saving
Pension (13% + 4% employer + employee contributions for spouses income
Summary of Assets and Liabilities
Family home value: €450k
Mortgage on family home: 0
Net equity: €450k
Cash in credit union: €14500
Bank notice savings account: €40000
pension fund: €500k
Aus superannuation : €31k
UK Pension: Full in 2037 for spouse -
No other borrowings.
Do you pay off your full credit card balance each month? Paid off in full monthly
What specific question do you have or what issues are of concern to you?
1) I am seriously ill. We would like my husband to be able to retire early . How could we work towards this and perhaps make these savings in our credit union and savings account work better for us. We have maxed out the pension fund.
2) Our son is 22 and also has €15k in a credit union account. How could he make it work better for him and what account could he set up or fund to setup a monthly saving amount to.
Thank you so much
Last edited by a moderator: