What size does your pension actually need to be for a comfortable retirement?

First up this week’s episode of Inside Business, we are looking at pensions and what constitutes a comfortable retirement here.

A recent survey from Royal London Ireland suggested Irish workers believe they will need almost €41,000 per year to achieve that.

So, when should you start contributing into a pension and what age should you ramp up those contributions?

And why is home ownership so important when it comes to our financial life cycle?

To discuss this host Cliff Taylor is joined in studio by partner at PwC Ireland Munro O’Dwyer.

Plus, Permanent TSB shareholders are to vote Thursday July 30th on Austrian bank Bawag’s planned €1.62bn takeover.

This suggests a finish line is in sight after the bank was put up for sale last October.

But what will the takeover potentially mean for branch closures and staff cuts?

Irish Times Markets Correspondent Joe Brennan has been writing about this, and he joined Cliff on the line.

Produced by John Casey with JJ Vernon on sound.

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