What to do with your nest egg at retirement

Under the current rules, in most pension plans, you can take up to 25% of your retirement pot as a tax-free lump sum, up to a maximum €200,000
What to do with your nest egg at retirement

The earlier you start investing in your retirement, the more relaxed you will be about the outcome. These days, because we’re living much longer, many people opt to remain invested in higher-risk products in the hope of higher returns.

As you approach retirement, you’ve got some big decisions to make about how you go about cashing in on those decades of saving.

Teresa Bruen of Gallagher Ireland says that because of the size of these decisions, it’s always a good idea to sit down with someone and discuss the options.

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