Retirement Planning for young and middle-aged individuals

Studies have shown that the happiest retirees are those who start planning and saving the earliest. Your retirement might seem like a lifetime away, especially if you’re still young. However, when you consider that people spend on average 15-20 years in retirement, it becomes apparent that planning early is the only way that will allow you to maintain your lifestyle and enjoy your years beyond retirement.

Want to start saving? Here’s how.

Introducing the MSV Personal Pension Plan. This plan allows you to supplement your state pension when you retire. The plan is flexible and can be easily made to suit your needs. What’s more, you can start saving from as little as €40 a month!

Of course, your circumstances may change, especially if you start saving early. The Personal Pension Plan allows you to change the amount you save depending on what suits you best at the time. It even allows you to take a break from saving.

Dreaming of a holiday of a lifetime?

Once you reach the age of 50, you can choose to start taking your personal pension as a regular income. Additionally, you will also be given the option of receiving up to 30% of what you have saved as a tax-free lump sum to spend on the holiday of a lifetime or anything you may have been dreaming of throughout your working life! The personal pension plan also allows you to claim a tax rebate of 15% of the amount you save, up to €150 every year.

Start planning now and ensure that you spend your years after retirement enjoying your time and unwinding rather than struggling with your income!