G
Gidoutofhere
Guest
I am a member of a BD pension scheme with Irish life if I go to normal retirement @ 65 i will have 39 years service the scheme pays 2/3 of final pensionable salary
I would like to retire at 56 with 30 years equating to 1/2 final salary deferred to 65
Can I fund my early retirement @ 56 using AVCs to draw down immediate pension
Is there a calculation to determine the level of avc I should contribute over the next 6 years to achieve this retirement target
I cannot contact Company HR or Pension provider as this would show my hand
Any help appreciated
I would like to retire at 56 with 30 years equating to 1/2 final salary deferred to 65
Can I fund my early retirement @ 56 using AVCs to draw down immediate pension
Is there a calculation to determine the level of avc I should contribute over the next 6 years to achieve this retirement target
I cannot contact Company HR or Pension provider as this would show my hand
Any help appreciated