B
borisWA
Guest
Hi,
My employer is in the process of changing pension providers, and this has gotten me thinking about my pension and whether i am paying enough ?
I am 29 with Pension contributions of 6% which is matched by my employer [6%]
I am also contributing an additional 2% as an AVC.
I have 4 years worth of a fund, that I am transferring into this pension scheme [approx25k]
If I am looking to hit the magical number of 66.67% of final salary as pension should I start to up my contributions.
I should add that I am married, home owner[approx 80k equity] with some other savings but nothing of note - approx 2k.
My wife is also 29 - but yet to really start contributing to a pension fund.
Pension options available through employer - couple of Irish Life Funds, Eagle Star Balance, International Equity, and 5*5 Global fund.
Was leaning to the 5*5 fund due to my age etc ?
Any help/comments greatly appreciated !!
My employer is in the process of changing pension providers, and this has gotten me thinking about my pension and whether i am paying enough ?
I am 29 with Pension contributions of 6% which is matched by my employer [6%]
I am also contributing an additional 2% as an AVC.
I have 4 years worth of a fund, that I am transferring into this pension scheme [approx25k]
If I am looking to hit the magical number of 66.67% of final salary as pension should I start to up my contributions.
I should add that I am married, home owner[approx 80k equity] with some other savings but nothing of note - approx 2k.
My wife is also 29 - but yet to really start contributing to a pension fund.
Pension options available through employer - couple of Irish Life Funds, Eagle Star Balance, International Equity, and 5*5 Global fund.
Was leaning to the 5*5 fund due to my age etc ?
Any help/comments greatly appreciated !!