Things to consider before buying property through your SSAP
- August 18, 2018
- Bob Quinn
- Financial Planning; Pensions
“I want to buy a property through my pension” came the statement from my client. “Okay, but what’s the ultimate goal?’, I asked. “Return” was the answer. We delved a little deeper and it turns out the client shuddered to think about the hassle attached to owning rental properties. If you want to buy a property for “return”, you may as well familiarise yourself with all the options especially through a pension structure.
If you think marriage is expensive, try divorce
- August 11, 2018
- Bob Quinn
- Financial Planning; General
August is one of the top months for divorce filings. Though somewhat uncommon in Ireland, divorces and separations do take place, often times leaving the parties emotionally drained and in poor financial health. This morning, I point out a couple of the pitfalls to be aware of and one big take-away: after a good solicitor, get a good financial adviser.
Should I gift money to our children now?
- August 5, 2018
- Bob Quinn
- General
I answer a number of questions from readers in today’s Sunday Independent. For the couple that have clearly defined incomes in retirement, maybe it’s time to start gifting money to your children now? I ask if owning shares is all it’s cracked up to be, and whether overpaying on your tracker mortgage actually makes sense.
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