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

Cash or avc

Options
  • 25-05-2023 8:58am
    #1
    Registered Users Posts: 36


    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

  • Registered Users Posts: 5,650 ✭✭✭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



  • Moderators, Business & Finance Moderators Posts: 9,998 Mod ✭✭✭✭Jim2007


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



  • Registered Users Posts: 36 coolaboola1357


    I'm 43



Advertisement