Pensions — don't know where to start? 

Don't put off starting your pension advises Bernard Mulkerrins, Head of Propositions at Acorn Life 

Seek expert advice: Let’s say you want to retire at state pension age 66 and draw an annual pension of €50,000. The state pension is currently €13,800 leaving €36,200 to make up.  Picture: iStock

“The key is to start!” says Bernard Mulkerrins, Head of Propositions at Acorn Life.

There’s a lot here to take in and pension planning can appear complicated. But, if there’s one take-away message, it’s to get yourself investing in a pension as early as you can, regularly setting aside as much as possible. The earlier you get going, the less it will cost you to set yourself up with a decent income when you retire to maintain the lifestyle you’re used to.