INACTIVE CONTAINER

Our Budget Planner allows you to select from different items you know you will spend money on in your retirement. It should help you to see how much these things may end up costing and what sort of income you might need in retirement. We have based our figures on a number of assumptions, for an individual, which can be adjusted if required.

Your life once you stop work
  • Household
  • Motor Costs
  • Friends & Family
  • Health
  • Doctors & Prescriptions
  • Medical Insurance
  • Leisure
  • Holiday
  • Entertainment
  • Hair / Clothes / Shopping
  • Hobbies
  • Other
  • Other
How much you need to fund your retirement
0
per year

is the level of income after tax you will need to fund the lifestyle you have chosen. Talk to your financial adviser to work out the pre-tax income you require.

0
per month

is the level of income after tax you will need to fund the lifestyle you have chosen. Talk to your financial adviser to work out the pre-tax income you require.

What next?

Now that you have seen what level of income you may need in retirement, check your pension plan documentation. Your pension benefit statement will show you the current value of your plan as well as a projection of your likely fund at retirement. If you are a member of an Irish Life Corporate Business pension plan, check the current value of your pension savings in Pension Planet Interactive www.pensionplanetinteractive.ie.

Budget Planner Tool assumptions

To see the assumptions we have made in calculating the costs in our Budget Planner Tool, click here assumptions.