People are now enjoying a longer life expectancy than in the past. As a result of this it is important to think about where your income will come from when you retire.
Broadly speaking, most peoples' pensions come from one or more of the following:
- the State pension
- a company pension plan, or
- a personal pension plan in the form of a Personal Retirement Savings Account (PRSA) or Retirement Annuity Account (RAC)
For further information on the various pension arrangements that are available in Ireland you can take a look at our 'Guide to Pensions' and the information booklets which are available in this section. You also may wish to view our pensions calculator which may assist with your financial planning.