I'm Near Retirement: Where Should I Invest Eur 25k Savings? ; Finance Ireland's Most Trusted Finance and Money Writer Colmrapple@Mailonsunday.Ie [Eire Region]
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Summary
Q I am self-employed and plan to retire in six years. I have EUR 25,000 to invest and am considering three options, An Post savings bonds, the new National Solidarity Bond, or a PRSA that I already have some money in. I'm a tiler and work is relatively scarce at the moment so I may want to sign on. If I do, is there an advantage in having the money in a PRSA rather than one of the other options? I'm told that it wouldn't be considered as means.
A You have two distinct questions there Let's ignore for the present the possible impact of your investment decision on your possible entitlement to the meanstested jobseeker's allowance and just consider the investment options.See the full content of this document
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I'm Near Retirement: Where Should I Invest Eur 25k Savings? ; Finance Ireland's Most Trusted Finance and Money Writer Colmrapple@Mailonsunday.Ie [Eire Region]
An adviser would need much more information about your personal circumstances to give specific advice but these are some of the factors you should be bearing in mind.
The Government schemes are the safe o...See the full content of this document
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