Age:
43
Spouse’s/Partner's age:
45
Annual gross income from employment or profession:
E64,000
Annual gross income spouse:
E80,000
Type of employment:
Both private sector employees
Expenditure pattern:
We are both generally 'savers'
Rough estimate of value of home
E400,00
Mortgage on home
0
Other borrowings – car loans/personal loans etc
None
Do you pay off your full credit card balance each month?
Yes
Savings and investments:
E300,000. After pension contributions saving 2k pm.
Do you have a pension scheme?
1. 275K, between avc and employer contributions 32k currently added per year.
2. 169K, 20K added per year
Do you own any investment or other property?
No.
Ages of children:
9, 12
Life insurance:
Yes.
What specific question do you have or what issues are of concern to you?
We would like to retire in 10 years. With our current pensions and savings is this possible? The kids will most likely go to college, but may live at home.
Thanks
43
Spouse’s/Partner's age:
45
Annual gross income from employment or profession:
E64,000
Annual gross income spouse:
E80,000
Type of employment:
Both private sector employees
Expenditure pattern:
We are both generally 'savers'
Rough estimate of value of home
E400,00
Mortgage on home
0
Other borrowings – car loans/personal loans etc
None
Do you pay off your full credit card balance each month?
Yes
Savings and investments:
E300,000. After pension contributions saving 2k pm.
Do you have a pension scheme?
1. 275K, between avc and employer contributions 32k currently added per year.
2. 169K, 20K added per year
Do you own any investment or other property?
No.
Ages of children:
9, 12
Life insurance:
Yes.
What specific question do you have or what issues are of concern to you?
We would like to retire in 10 years. With our current pensions and savings is this possible? The kids will most likely go to college, but may live at home.
Thanks