Retirement planning

Those who really want to enjoy their retirement (and all the opportunities it offers), start planning for it right now. In order to easily afford an active and rewarding retirement, you must set aside enough income today, when your career and earning potential is at its height. At Kinahan Financial Services, we believe that a pension is the best way to save for your retirement. Here’s why:

Government tax relief

The contributions you make to your pension plan qualify for government tax relief at your marginal rate and the growth in the investment value of your plan is not taxed. So, you gain both ways. You benefit from tax relief on pension contributions whether you’re an employee, director, company owner or some trader.

Peace of mind

These days, the state pension is barely enough to live on and who knows what it might be like in the future. With a private pension plan in place, you are in charge of the type of lifestyle you will enjoy on your retirement. This will not affect your entitlement to the State pension.

A plan designed around you

Your pension plan can be designed to suit your needs. This means that you get to choose how and where your money is invested and how much you want to contribute. You can increase your contributions when you are earning more, reduce them if your circumstances change or even take a break completely if you are struggling financially – you are always in control.