Entries by Aoife Ross

Retirement: When work becomes optional

In the first edition of Irish Building Magazine, we look at the year ahead and what it might hold. This time last year, we wrote about a new decade with the start of 2020 and looked forward to what the next decade might hold. Who knew back then how drastically life would change for us? […]

January: A Time to Reflect and Review

In the latest edition of the Irish Building Magazine, we outlined our belief that retirement is not the end of something, but a point in your life when work becomes optional and you look forward to a future of possibilities. You can read the full article here. 105 Years Old January is the month when […]

Divorce and Pensions in Ireland

Divorce, similar to death or taxes, may not be a popular talking point, but when you are faced with this reality, it is worth understanding what is involved in relation to your pension entitlements. In 1995, the Irish public voted to legalise divorce. A year later, it was written into law. While the rates of […]

Protect your Finances – Save for the Future

In October, the Construction Industry Federation ran another successful Construction Safety Week. This week each year serves as a reminder about the health & safety of everyone involved in Construction.  The message is ultimately about providing people with all of the relevant information available to enable them to protect themselves. Protecting your finances is something […]

Planning for your retirement?

We mean two things when we talk about planning for retirement.  The first plan is to set up a pension scheme, either a personal pension or participation in your employer sponsored occupational pension scheme.  Then you will need to regularly contribute, throughout your working life with the aim of accumulating a pot of money, which […]

The Benefits of reading your benefit statement.

If you have a pension plan do you read and understand your annual benefit statement? If you don’t here’s some free advice! In Milestone Advisory, I spend the majority of my time with clients who are approaching retirement or who have already reached this particular milestone.  This part of the financial lifecycle is about taking […]

Interested in reducing your Tax Bill?

Making contributions to a pension plan could be the answer to reducing your tax bill. Did you know that you can make a contribution to a pension plan before the 31st October each year and claim tax relief for the previous year? October 31st (or 12th November 2019 if you use the Revenue Online Services (ROS) […]

Why Diversify?

Famed economist and Nobel Prize winner Harry Markowitz called diversification “the only free lunch in finance.” The thought is that by diversifying, an investor gets the benefit of reduced risk while sacrificing little in expected returns over the long run. Diversification is a technique that reduces risk by allocating investments in various different asset classes. […]