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I'm in my 40s/50s

It's never too late to plan for retirement. Even if you're in your 40s or 50s and haven't started a pension yet, there are still steps you can take to work towards a secure financial future. 

Why starting a pension in your 40s or 50s matters

Starting a pension in your 40s or 50s can still have a big impact on your retirement plans, and you can still make meaningful steps today to shape your retirement future.

  • Catch up where possible: If you make a solid retirement plan, it could help close the gap from years without contributions. 
  • Make the most of your current income: You may be in a financially stronger position than in your 20s or 30s. 
  • Claim significant income tax relief: If eligible, you could contribute up to 35% of your income to a pension without paying income tax.
  • More control over your future: A clear plan helps you understand how much you need to save and what options and available. 

Financial Planning Meeting could help you identify the best strategy for your current situation and give you more clarity on next steps. 

 

Start the conversation

Take control of your financial future, and book an appointment with a Qualified Financial Advisor who will:

  • Review your current situation and retirement goals.
  • Explore options for catching up on pension contributions. 
  • Create a plan tailored to your needs and lifestyle. 

 

Book a Financial Planning Meeting today

 

  • We’ve partnered with Irish Life to bring you this complimentary service.
  • Your Financial Advisor will meet you through an online video call or at your local branch.
  • After your meeting, you’ll get your personalised plan from your advisor.

 

 

Permanent TSB plc is tied to Irish Life Assurance plc for life and pensions products. Irish Life Assurance plc is regulated by the Central Bank of Ireland.

 

Calculate your Pension

Current value of your pension

The total amount currently saved in your pension pot.

Monthly pension contributions

Enter your total monthly pension contributions (including any contributions from your employer if applicable).

What's your gross annual salary?

We'll use this to estimate your future retirement income before tax.

Are you eligible for the state pension?

You must be over 66 years old to avail of the state pension. Learn more by visiting ireland.gov.ie

Date of birth:

This helps us provide an accurate quote.

What age to you expect to retire?

This helps us provide an accurate quote.

Monthly retirement income

from your [x] birthday

Your quote breakdown:
  • Your pension: XX.xx
  • State pension: XX.xx

Based on a number of assumptions this will give you a retirement income of €[pensionPerMonth] per month from your [retirementAge] birthday. This will replace [percentageOfCurrentSalary]% of your current annual salary.

Talk to a pension advisor

  • Not satisfied with your estimated monthly retirement income number? Come and talk to us.
  • Your pension advisor will meet you at your local branch or through an online video call.
  • After your review, you’ll get your personalised plan from your Advisor.

Book an appointment

I'm approaching retirement

Plan how you'll access your pension and secure your income.

I'm in my 20s/30s

Starting early means you can contribute smaller amounts and let compound growth work for you.

Start your pension

Whether you're just starting to think about your pension, or looking to improve your current plan, we're here to help.

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