Alright fine, we’ll admit it. This episode of the Better with Money podcast is about pensions.
But we’re unpacking them in a way that won’t melt your brain, we promise.
Whether you’ve started late or haven’t even taken one out yet, deputy business editor Dominic Coyle explains:
- How part time work or staying at home to care for children can leave you poor in later life
- How to start from scratch, or level up a basic pension plan
- Understanding jargon
- How employer contributions can help double your pension pot
- How to maximise the state’s contribution
- Ways you can offset the disadvantage of starting later
- Sneaky charges you need to watch out for
Don’t think of it as a pension. Think of it as a bucket list fund for your ‘second act’.
Presented by Aideen Finnegan. Produced by Declan Conlon and Aideen Finnegan.
Dominic answers your personal finance questions every week in The Irish Times. You can send your queries to dominic.coyle@irishtimes.com
For more jargon-free and impartial pension tips, go to the Competition and Consumer Protection Commission (CCPC)
You can read Dominic Coyle and Joanne Hunt’s recent articles on the gender pension gap here and here.
