r/irishpersonalfinance Sep 21 '21

What age are you, and how much is in your pension(s)? Retirement

With pensions in the news, I thought this would be an interesting discussion.

I am 30, and have 1 pension that currently contains €62,399.

I currently contribute 15% and my employer contributes 6%. Come January, I will up my contribution to 20%. I would have 2 pensions, but I merged them as my current one has much lower fees. My pension is 100% in Indexed Global Equity.

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u/funderpantz Sep 21 '21

136k but that was at 4% avc & 8% employer

I'm about to pick up the keys to a new house so will ramp my AVC up to the max 25% (age 45) next month as I had to look attractive on paper to mortgage lender.

So I'll go from 12% total going in to 33% total going in, should start to see it climb rapidly.