Tag Archives: cashing in pension

Stock market falls and pension

pension advice

Source: Independant.ie Contributor: Patrick McGettigan, Director at McGettigan Financial Planning Date: June 07 2020 02:30 AM Stock market falls and pension Query: I am due to retire next year. I have a defined contribution plan through work. Most of my pension fund is invested in medium-risk equities and I am worried about the impact which….read more

Cashing in pension in early 40s

pension advice

Source: Independant.ie Contributor: Patrick McGettigan, Director at McGettigan Financial Planning Date: June 07 2020 02:30 AM Cashing in pension in early 40s Query: I have been on reduced pay since the coronavirus crisis kicked off. I have a defined contribution pension through work. I’m wondering if I can take money out of my pension to….read more

Regular savings plan

mortgage advice

Source: Independant.ie Contributor: Patrick McGettigan, Director at McGettigan Financial Planning Date: February 23 2020 07:00 AM Regular savings plan Q: We wish to invest in equity, bond, cash and property funds. However, we don’t want to put in a lump sum – rather we wish to put in amounts on a monthly basis and have….read more

What to do about lock-in of property fund that accounts for 20pc of pension plan?

pension advice

Source: Independant.ie Contributor: Patrick McGettigan, Director at McGettigan Financial Planning Date: June 07 2020 02:30 AM Query: I am in my 50s. I have a personal pension plan in which I have invested in several property funds. Those property funds have taken a battering recently and so I tried to switch out of them, only….read more

Will we face tax bill if we move into son’s property?

property tax question

Source: Independant.ie Contributor: Patrick McGettigan, Director at McGettigan Financial Planning Date: March 01 2020 02:30 AM Q: Both my husband and I are in our 70s and in ill health – necessitating visits and inpatient treatment at three Dublin hospitals. Our son has an investment property in Dublin and since the last tenant moved out,….read more

Should we use our savings to clear €20,000 mortgage?

mortgage advice

Source: Independant.ie Contributor: Patrick McGettigan, Director at McGettigan Financial Planning Date: February 23 2020 07:00 AM Q: My question is whether we should clear our mortgage when we have enough savings to do so – or should we continue saving or investing in a pension? I am married and 40 years old – with no….read more

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