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/nimrod86 Sep 25 '21

I'm 25, and have €24,277 as of today. Started at 21 on company scheme (I contribute 4%, and company contributes 8%).

Might look to up my contributions or start doing AVC's in the next few years to set myself up well as company policy will let me retire at 49 which happens to be the same year I'll have the mortgage is cleared.