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Query about potential pension fund.

  • 29-09-2011 11:03am
    #1
    bobbysands81
    Registered Users, Registered Users 2 Posts: 7,218 ✭✭✭


    Folks,

    A bit of a hypothetical question here I'm hoping you fellas can help answer.

    As this is a hypothetical query I'm just looking for what I could "expect" to happen over the lifetime of paying into a pension. I'm not looking for best case scenario... or worse case either.

    Here goes...

    At age 25 I pay €120 per week into my pension pot.

    I have a half decent employer who I stay with the full 40 years at retirement age of 65. They top my pension up by a normal/average amount per week.

    What kind of pension could I expect to receive when I retire 40 years later at age 65 (if we take 65 as the retirement age).

    Thanks.


Comments

  • #2
    Pablo Sanchez
    Closed Accounts Posts: 1,207 ✭✭✭Pablo Sanchez


    Just give the life company who your pension is with a call, they will be able to give you a estimated maturity value easy enough.


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