Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Help Keep Boards Alive. Support us by going ad free today. See here: https://subscriptions.boards.ie/.
If we do not hit our goal we will be forced to close the site.

Current status: https://keepboardsalive.com/

Annual subs are best for most impact. If you are still undecided on going Ad Free - you can also donate using the Paypal Donate option. All contribution helps. Thank you.
https://www.boards.ie/group/1878-subscribers-forum

Private Group for paid up members of Boards.ie. Join the club.

Saving for your pension if you bought at the height of the boom

  • 29-10-2011 06:25PM
    #1
    Closed Accounts Posts: 611 ✭✭✭


    I have been thinking lately about home owners who purchaesd houses at the height of the boom. Will they be able to save for a pension if they are on the average industrial. I work with a collegue who purchaesed a house for 320,000 who has in the past year had a baby. Considering these factors will he have to work until seventy years of ago to pay off his mortgage and put his son through school. He is married and his wife earns the average industrial wage.


Advertisement