Drumgoole Financial Services Ltd.

Do you have more than one pension❓

Drumgoole Financial Services Do you have more than one pension?

New Mortgage Protection Practices for Cancer Survivors

Drumgoole Financial Services New mortgage protection practices for underwriting cancer survivors

⏰Too late for a Pension??⏰

Read on to find out....

Drumgoole Financial Services Are you over 50 and thinking it’s too late to save into a pension? Never fear…although it’s regularly said that the time to start a pension is yesterday, it is not too late to start in your 50’s. For some, it is a time in life when there may be less expenses and perhaps more disposable incom...

🔻▪️Protect Your Salary - Wage Protector▪️🔻

Drumgoole Financial Services The main purpose of Wage Protector is to provide a regular income if you are unable to work for a period of time due to an accident or illness. It works when you cannot. Who may it be suitable for? Wage Protector is aimed more towards manual occupations such as construction workers, electric

💶🔹Protect Your Salary🔹💶

Drumgoole Financial Services The main purpose of Income Protection is to provide a regular income if you are unable to work for a period of time due to an accident or illness. Depending on your employment type and circumstances there are some variations of this policy available. They include Personal Income Protection, Exe

🕵️‍♀️What is Specified Illness cover?🤔

Drumgoole Financial Services We can often take our health for granted and may never give a second thought to what would happen to us, or our family should we suffer an illness. An unexpected serious illness can add emotional and financial worry at a tough time. Should you be unable to work due to an illness or even through the

❓⚠️ Income Protection… is it necessary? ⚠️❓

Drumgoole Financial Services If you were unable to return to work long-term due to an illness or from the after-effects of an illness, would it be possible for you to sustain your current standard of living? How long will your employer pay your salary if you are unable to work for an extended period? What is Income / Salary P

💡💶 Cashflow Planning 💶💡

or check out more information here http://www.drumgoolebrokerage.ie/planning

Drumgoole Financial Services The heading makes the task sound a bit boring, and slightly business-like… but the actuality of this term is something we all do in everyday life! Each month, most of us will have bills to pay, maybe a mortgage/rent, household utilities, insurance…followed by food/clothing bills, savings and hop...

⏳Saved smart what’s next?⌛️

Drumgoole Financial Services Potential options for a €200,000 Pension Last month we looked at how you can potentially turn €120,000 of savings into a pot of €200,000. Our sample subject took the advice provided and placed €40,000 of their salary into a pension for 5 years, between the ages of 60-65, to build up a pensio...

🪴 Turn a savings pot of €120,000 on deposit into €200,000 in 5 years 🪴

Drumgoole Financial Services Following on from planning for your retirement in last month’s article, I will give an example of how you can really take advantage of tax relief to grow your savings . The following example is theoretically possible for many people, subject to certain revenue guidelines and depending on what pens...

▪️🔸 What will retirement look like for you? 🔸▪️

Drumgoole Financial Services I recently spent 2 hours going through a financial plan with a couple who are planning on retiring over the next few years. They have substantial savings in pensions and in the bank. They wanted to get an idea of how they might manage financially post-retirement and look at how some scenarios (new c

⚪️🔹Inheritance Planning🔹⚪️

Drumgoole Financial Services An inheritance can change a person’s life for the positive. In some instances, inheritance can be received tax-free but there are other scenarios where there will be a tax liability. In many cases an inheritance will be potentially subject to Capital Acquisition Tax (CAT). This is determined by th...