Good video. I hear a lot lately about using the money in your pension. Would it be possible to purchase a site for investment purposes with the money in your pension?
1.Can a casual worker have a pension? I.e. called in for work here and there. 2. If you only pay 20% in tax, are you not hampered with a 40% tax when you go to take out the funds? 3. What happens if you are at the 20% tax band and at age 60 your wages goes up enough to pay 40% tax, have you not lost out a lot when you retire? 4. If you never get a permanent job, what alternatives to pensions do you suggest for saving for retirement? eg. An Post Government savings products? Everything I see about pensions is if you are a regular worker earning enough to pay 40%tax.
I watch a lot of American versions of saving and they say to open vanguard target date accounts, these have very low fees, can we do that here? What is our equivalent?
Good video.
I hear a lot lately about using the money in your pension.
Would it be possible to purchase a site for investment purposes with the money in your pension?
An absolute gentleman
1.Can a casual worker have a pension? I.e. called in for work here and there.
2. If you only pay 20% in tax, are you not hampered with a 40% tax when you go to take out the funds?
3. What happens if you are at the 20% tax band and at age 60 your wages goes up enough to pay 40% tax, have you not lost out a lot when you retire?
4. If you never get a permanent job, what alternatives to pensions do you suggest for saving for retirement? eg. An Post Government savings products?
Everything I see about pensions is if you are a regular worker earning enough to pay 40%tax.
I watch a lot of American versions of saving and they say to open vanguard target date accounts, these have very low fees, can we do that here? What is our equivalent?