Retiring in Ireland


Retiring in Ireland

We all know how complicated the retirement process can appear to be, that’s why our team are here to guide you through the whole retirement process. Our experts have outstanding experience in dealing with all pension plans and are focused only on putting the clients needs first. Below is an interesting article for anyone considering their retirement plans. TILDA examines retirement patterns in Ireland and the relationship between retirement and well being.

Click here to read the article.


It’s never too early to start planning for your retirement. Below, we have listed 4 reasons why you should start considering your future flow of income.

1. Regulatory Changes

If you are age 55 or under on 1st January 2015, you will be 68 before you are eligible to claim the State Pension (contributory). That’s potentially a three year gap in retirement income!

2. Income Protection

Unless you put a retirement plan in place, your income could drop by nearly 67% when you retire! The State Pension contributory is €11,975 but the average industrial wage is €35,874. This should give you an indication of the difference between the state pension and a well planned pension.

3. Taxation

Contributing €100 to your pension fund only really costs you €59 if you pay income tax at the higher rate of 41%.

4. Consistent Flow of Income

A longer life means a longer retirement that you need to fund for. As average life expectancy increases, so does the amount of time we spend in retirement. Your money now needs to last longer.

Revenue terms and conditions apply.

At Consultas, we have a range of retirement options to suit people of all ages and walks of life. To book an appointment with our pension consultant, please call (01) 554 3904 or e-mail

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