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03/09/2026

Should high earners opt out of MyFutureFund? 🤔

For most workers, the answer is no. But if you're a higher-rate (40%) taxpayer, there are a couple of details worth knowing.

First: MyFutureFund's State top-up is the same no matter what rate of tax you pay — 20% or 40%. A qualifying private pension can give higher-rate taxpayers Income Tax relief at 40% instead, meaning €100 into a private pension could effectively cost a 20% taxpayer €80... but only €60 for a 40% taxpayer.

Second, and this one catches a lot of people out: once your salary passes €80,000, the extra income above that isn't included when MyFutureFund calculates contributions. So your salary might keep growing, without your MyFutureFund contributions keeping pace with your full income.

Neither of these means Auto-Enrolment is a bad thing. It just means that for higher earners, it's often better viewed as a foundation rather than a complete retirement strategy.

The real question isn't "Do I have a pension?" It's "Am I saving enough to fund the retirement I actually want?"

📩 Earning above €80k and want to know if MyFutureFund alone gets you there? Get in touch — that's exactly what we help clients figure out.

03/09/2026

Starting earlier can make a massive difference to your retirement.

A pension pot of **€111,000** may sound substantial, but once it has to support you over a long retirement, the income it can provide may be far less than people expect.

That’s why the age you start matters so much.

To build a pension pot of around **€500,000 by age 68**, the monthly amount needed rises sharply the longer you wait:

Age 30 — €300pm
Age 35 — €420pm
Age 40 — €600pm
Age 45 — €875pm
Age 50 — €1,320pm

The key takeaway is simple:

**Time does a huge amount of the heavy lifting.**

The earlier you start, the more opportunity your contributions have to grow and compound over time.

If you’re not sure whether you’re currently on track for the retirement you want, it may be worth reviewing your pension now rather than leaving it until later.

*Figures are illustrative and will depend on investment growth, charges and individual circumstances.*

02/09/2026

Starting earlier can matter more than investing more later.

In this example, Person A invests €24,000 between age 25 and 35, then stops completely.

Person B waits until 35, invests €200 every month for 30 years, and puts in €72,000 in total.

Yet by 65, their retirement pots are almost the same.

That’s the power of time + compounding.

The point isn’t to stop contributing at 35. It’s the opposite: start as early as you can, and keep going. Even relatively small contributions have far more time to grow when you begin earlier.

Your future pension doesn’t just depend on how much you put in. It depends on how long you give it to work.

Figures are illustrative and assume consistent investment growth. Actual returns will vary and fees/tax may apply.

Ireland's new State-backed savings & investment account is coming 👀 Here's what we know so far and what's still to be co...
02/09/2026

Ireland's new State-backed savings & investment account is coming 👀 Here's what we know so far and what's still to be confirmed on Budget day. Swipe through 👉

Full details (tax-free threshold, tax rate, annual limit) land on 6 October. We'll break it down properly once it's official. follow along so you don't miss it.

01/09/2026

**A €124k household income… but are they making the most of it? 👀**

This family is bringing home around **€6,900 per month** after tax, pension and health insurance deductions.

Their monthly spending comes to roughly **€6,768**, leaving just **€132 unallocated**.

At first glance that looks tight, but there’s a lot going right here.

They’re already putting **€2,000 a month into savings**, overpaying their mortgage by **€325 a month**, budgeting for holidays and Christmas, and have built up:

💰 €45k in cash
📈 €20k in shares
👨‍👩‍👧‍👦 €25k set aside for the kids

So what would we look at next?

**1. Is €45k in cash too much?**
Once they have an appropriate emergency fund, keeping a large amount sitting in cash could mean losing purchasing power to inflation. Some of it may be better put to work depending on their goals and timeframe.

**2. Review the €2,000 monthly saving.**
Rather than treating it all as one pot, we’d consider splitting it between short-term cash needs, long-term investing and retirement planning.

**3. Could they be doing more with their pensions?**
With a strong household income, pension contributions can potentially be one of the most tax-efficient ways to build long-term wealth. Their existing pension arrangements would be worth reviewing.

**4. Mortgage overpayment vs investing.**
Overpaying the mortgage gives a guaranteed saving on interest, but depending on their mortgage rate, timeframe and attitude to risk, investing some of that money could potentially make more sense over the long term.

**5. Make sure the protection matches the lifestyle.**
With two children and a sizeable mortgage, life cover, mortgage protection and income protection should be reviewed as their income, debts and family circumstances change.

Overall, this is a **very strong financial position**.

The next step isn’t necessarily saving more, it’s making sure the money they’re already saving is working as efficiently as possible.

**What would you change first?**

*Figures are illustrative and financial decisions should be based on individual circumstances.*

A common pension myth that can cost people money.Just because a tax year has finished doesn’t always mean the opportunit...
01/09/2026

A common pension myth that can cost people money.

Just because a tax year has finished doesn’t always mean the opportunity to reduce that year’s tax bill has disappeared.

In certain cases, a qualifying pension contribution made before the filing deadline can still be claimed against income from the previous tax year.

The key is knowing your options before the deadline passes.

You’ve got €50,000 sitting in cash.Do you pay down the mortgage, invest it, increase your pension contributions or keep ...
30/08/2026

You’ve got €50,000 sitting in cash.

Do you pay down the mortgage, invest it, increase your pension contributions or keep it as a safety net?

There’s no one-size-fits-all answer.

The right move depends on your mortgage rate, tax position, goals, time horizon and how much cash you actually need access to.

What would you choose: A, B, C or D?

29/08/2026

On paper, a **€120,000 household income** sounds like it should leave plenty of room to breathe.

But after tax, pension deductions and the reality of raising a family, that **€7,420 per month** gets used up quickly.

This household is currently spending around **€6,970 per month**, leaving roughly **€450 left over**.

And it’s not necessarily a story of reckless spending.

They’ve got:

🏠 A €1,750 mortgage
🚗 A €520 car loan after unexpectedly needing to replace a car
👨‍👩‍👧‍👦 Three children and €650pm in childcare
🐾 Two pets
💰 €350pm already going towards investments
📈 Around €1,200 in accessible savings and a €3,500 emergency buffer

They’ve also recently refinanced following home improvements, while trying to balance current family costs with actually putting money aside for the future.

The positive is that they’re still investing **€350 every month** and creating a surplus of around **€450**.

That gives them options.

For me, the next priority would be continuing to strengthen that emergency fund so an unexpected car repair, home expense or change in income doesn’t immediately put pressure on the rest of the plan.

After that, they can look at whether more of that monthly surplus should go towards **investing, pension contributions or reducing debt**.

The biggest takeaway?

**A six-figure income doesn’t automatically mean you feel wealthy.**

Between a mortgage, children, cars and everyday living costs, even a strong household income can disappear surprisingly quickly.

What would you change first if these were your finances? 👇

Some financial advice sounds smart on the surface.But the best financial decision is not always the most obvious one.Pay...
28/08/2026

Some financial advice sounds smart on the surface.

But the best financial decision is not always the most obvious one.

Paying off your mortgage early can be a great goal, but if it means neglecting your pension, skipping tax-efficient investing, or leaving yourself with no emergency fund, it may not be the strongest move overall.

A good financial plan is about balance, not just one target.

So, what would you choose?

Would you rather be mortgage-free at 45, or still have a mortgage and a much larger pension and investment portfolio?

27/08/2026

You can’t control what comes in Budget 2027.

But you can control what you do with your own money.

When inflation is eating away at cash, leaving everything sitting still can mean losing purchasing power over time.

That’s why a strong financial plan can include:

• Building your pension
• Investing for the long term
• Keeping enough cash for emergencies and short-term goals

The goal isn’t to predict what the Government will do next.

It’s to put yourself in a position where you don’t have to rely on it.

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