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Cash or avc

  • 25-05-2023 7:58am
    #1
    coolaboola1357
    Registered Users, Registered Users 2 Posts: 38 ✭


    Hi all

    Do you guys save cash for retirement on AVC ? What if you are doing AVC and you need cash in the future ?

    Post edited by coolaboola1357 on


Comments

  • #2
    The J Stands for Jay
    Registered Users, Registered Users 2 Posts: 5,876 ✭✭✭The J Stands for Jay


    So, do I keep a load of cash that's reducing in value every day due to inflation, or do I do an AVC, getting tax relief and investment gains?

    If I need cash in the future, I'll use the cash I've saved outside of the AVC. If I need cash in retirement, the AVC will provide



  • #3
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,611 Mod ✭✭✭✭Jim2007


    What is your time line? In any investment it is important that time is your friend not your enemy.



  • #4
    coolaboola1357
    Registered Users, Registered Users 2 Posts: 38 ✭coolaboola1357


    I'm 43



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