Informed Decisions Independent Financial Planning & Money Podcast

This episode was originally recorded and published in September 2021 for the Tribe when things, and by things I mean our pension funds and our investments were saving.    They were on the upward curve having recovered from a recent downturn. It's amazing how short our memories are when it comes to these things.  I'm resharing it now for two reasons:   It's a really timely reminder of when things a...

Hello dear listener. As promised we have Niall Tinney, founder, and creator of Elder Care Finance joining us for an interview.    Niall is going to share his own learning, his own experience, and really deep insights about what you need to know when it comes to planning for elder care. Whether that's home care or indeed nursing home care.    He's going to share information about the application fo...

Many people are dubious about giving a large gift to adult children. If you find yourself having relatively significant amounts of assets, and adult children, this is for you. In this piece, I share with you 4 smart ways that might allow you to be both tax efficient and supportive (in the right way) to your adult children.    

Greetings hope life is good. In this week's episode, we are back with another interview. This week we chat with John Swolfs.  John is kinda unlike a lot of the interviews we've done in the past when it comes to people from the world of financial services. John is an organiser of a lot of events. He is organising the Future Proof Festival in September of this year, which happening in California.  H...

One of the biggest concerns for most people as they approach retirement is 'Have we enough to retire?' One of the biggest concerns for most people as they approach retirement is 'Have we enough to retire?'. There are a lot of variables (which we will outline shortly), but one of the most significant over the course of a three-decade retirement is the amount that we will spend. This week we share:...

Hope you are well, hope all is good. We are back with part 3 of our listener's journey with William Lacey. William has been sharing his journey with us as he transitions from full-time employment and his concerns, his hopes, and considerations for the future. In today's episode, William shares his progress on the following three areas: His financial arrangements Decisions on how to successfully ex...

Award-winning Blogger and successful recent retiree Fritz Gilbert shares with us the financial and non-financial aspects of planning and executing a successful retirement. Fritz discusses: Financial 'Bucket' strategy to manage their finances The 90/10 Rule of Retirement Finding purpose and structure once you pass the 'start line' The importance of having freedom and choice in retired years How to...

Hello, I hope you are well, I hope you had a fantastic Easter time. We're back at the coalface and loving it. Speaking of coalface, we have today a guest who is at the coalface of the legals of pension changes in Ireland.    We have a partner of a law firm and he specialises in pensions and what is going on with pensions in Ireland.  And it is very, very relevant, indeed to everybody, but particul...

Merry Easter dear listener, I hope you're well and I hope you had copious amounts of chocolate or not as the case may be. I'm taking a bit of time out over the Easter Mid Term break to hang out with the kids, have the craic, and of course, help them eat their Easter eggs. That is my duty. That is my calling at Easter time.    Welcome to podcast 221, which we are pre-recording. And which you are ge...

One of the big questions that people we work with ask is; 'where will we live and enjoy our retirement decades?'. There is no set of accurate answers to that question – finding the right solution for you requires exploration, discussion and tangible planning. We are joined this week on the podcast by Mary Conway of  Janus Estates , who does this for a living. As Ireland's first Certified Senior Mo...

If you are approaching, or indeed planning for retirement (exit from full-time employment) you may benefit from knowing about a strategy which can be both financially and emotionally beneficial; move from Company Pension to PRSAs. While certainly not a strategy that will be beneficial to everyone, in the right scenario, it can be very much so. This is very different to the more common strategy of...

Hope you are well, hope all is good. We are back with part 2 of our listener's journey with William Lacey.    In the first episode, 214, William and I chatted about where he's at, why he's doing this particular episode, and series with us as he transitions out of full-time employment. He shares his concerns, his hopes, considerations, how it applies to him, and how his thinking and planning evolve...

Plan for the worst and hope for the best. Everyone is only talking about one of two things at the moment, either a disease or an invasion. However, there are other, much more closer to home events that we ought really be prepared for, but of which few have been giving much thought to, including yours' truly.

If you are heading towards retirement with zero pension planning done, this piece might help.

"Daddy, the lady at dancing class had toes coming out of her eyes and coming out of her ears!". That's what 4 year-old Emily told me yesterday through rampant giggles, and I'm not one to disagree with her! One big observation of recent years as a parent - is the wonderfully wild imaginations that kids can have. Depending on what they may have been absorbing recently, whether it's Harry Potter stor...

This week we kick-off our podcast series where we share the journey of listener and client William Lacey, as he exits full-time employment. This is a topic close to many listeners' hearts, and William has offered to help us share insights that will help others. William will join us every 6/8 weeks over the coming 12 months. Each episode will see William and Paddy discuss William's thinking, action...

Aside from deciding to actually accumulate money for your post-work living, the decision about 'when to take my pension benefit' is the biggest financial life decision that many of us will need to make. It is akin to breaking open the cookie-jar that we have been diligently accumulating for decades. For many, it is an emotional and financial conundrum, that I hope to help with. A combination of ac...

In this weeks' (really) short piece I'm going to share with you a couple of thoughts about investing in later life; for those that may be in the final decade or two. Key things covered this week: A new way to look at long term investing in later life The madness of only investing in 'low-risk' as you age I hope it helps you or a loved-one. Paddy.

Trust, they say, exists at the intersection of 'Character' and 'Competence'. In this week's piece I'm sharing a short story about a fictional accountant (Steady-Eddie), a fictional Financial Advisor (Friendly-Fiona), and you! Through this short story we'll look at at trust, and whether it is deserved or not, and we'll look at the murky world of unregulated financial advice and unregulated investme...

Financial Independence, when you hear it, often means different things to different people. For some, it's having more money/assets accumulated than they'll ever be able to spend - for others, it's having regular and reliable income that'll cover their every future need. For others, it's removing as many on-going expenses as they possibly can. Whichever way you look at it though; it almost always...

This week I share evidence & facts about investment returns, and also invite you to ask yourself an important question! Our agenda for this first piece of 2022: The investments returns you should have got in 2021 The investments returns you will get in 2022! Another way to think about 'New Year Resolutions' Paddy.

Hi, I'm delighted to share with you a conversation I had recently with UK-based Chartered Financial (&Life) Planner, Justin King. He shares his experience on: - How to financially prepare to 'transition' to retirement - Life-Planning's role in considering our priority & future-selves - Justin's views on optimal Investment Management approaches for retirees Hope you find it interesting, Paddy   Jus...

Hi, It is a sad state of affairs when we have to rely on individual authors and thinkers publishing books and articles, in order to help the youth of today to develop financial wisdom. Yet, here we are! Despite sounding very negative, I was delighted to speak with such a thinker and author, Will Rainey (former Pensions Actuary!). In our conversations he shared his ideas on: - Helping kids to save,...

This week we share a few nuggets that I hope will offer clarity and assurance on a few key aspects of our investment and pensions planning; -Important changes to pensions in Ireland coming into force -An update on Active Manager performances -The link between balance and longevity! I hope it is useful for you - I sure enjoyed doing it! Paddy.

This week we bring you the David Worrell Interview - where we discuss all aspects of Investment Platforms in Ireland. David is head of relationship management at Conexim Investment Platform in Ireland and shares his insights on the following: The rise of platforms in UK/USA - and subsequently in Ireland What platforms actually do - processes and people involved Pros & Cons for investors versus oth...