"I have two children in primary school, and I know there will be a lot of expenses coming along."
"I am a public servant with 15 years left before retirement. I hope to retire at 60."
"When I do so, I will have a pension from the public service."
"I am also currently paying €460 a fortnight into an additional voluntary contribution (AVC). I have paid in to the AVC for the last five years."
A public servant is planning for retirement in 15 years at age 60 with a pension from the public service. They currently pay €460 every fortnight into an additional voluntary contribution (AVC) scheme, which has been ongoing for five years. The financial responsibility for two primary school children adds a layer of expense to consider during this planning phase. The focus remains on managing these obligations as they approach retirement, ensuring adequate preparation for future needs.
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