While Paddy is off enjoying his annual leave we bring you a classic and popular podcast from 2021. 

Lars is a former hedge fund manager, author, and entrepreneur from Denmark. 

Can we beat the market? If we can’t what should we do?

Lars and Paddy talk about investments, hedge funds, beating markets, and much more that we hope you will find helpful.

Inheriting a house can be a significant financial event. It carries its own set of implications and considerations.  From taxes to inheritance thresholds, the financial aspects of inherited property can are worth considering if it is on your horizon, or that of your beneficiaries!

In this week's podcast, I will explore:

• The intricacies of inheriting a house in Ireland
• The implications of taxes and how they affect inheritance tax thresholds
• Why many people choose to sell an inherited home
• The benefits and drawbacks of such a decision

Like any individual in any profession, every Financial Advisor will have different strengths and weaknesses. They each have different skill sets. None of them are perfect, and I include myself in that!

In this short piece, I will delve into the importance of what financial advisors can do with and for their clients, even though many clients receiving said advice might not immediately recognise what they are actually helping them do, achieve and avoid!

Key Points

• Avoiding fear-mongering
• Personalising the approach
• Keep investors on course, in 'good' and 'bad' times
• Taking time to provide the correct answer for you

This week we have something a little different. We recently hosted a webinar with Pension and Revenue expert Clive Slattery. If you missed the webinar, here is the audio, which I hope you find helpful.

Clive will talk about recent PRSA changes. - The implications for PAYE & Business Owners - How & Why these changes have come about - The significant tax opportunity that exists

PRSAs are relevant to most people as it is a pension that anyone can start.

Thanks

Sunday Times Article

What happens to my pension benefits if I suffer a death in service? (die while being an employee and a member of the company pension scheme!).

On a regular basis, we help clients to manage their pension planning, so as to avoid potential pitfalls in this area. Reason being, it has the potential to have a hugely negative impact on one's financial future.

What you'll learn:

• How Personal Pension assets are treated on death (with simple example!)
• How Company Pension assets are treated on death (with worked example)
• How you can plan around the current rules for pensions in death in service

I hope it helps

This week we are joined by William Lacey who we followed on his transition to retirement in a series of podcasts.

William talks about the lessons he has learned from his journey and the key things he would do if he were to transition to retirement again.

The goal is to hopefully, by sharing his experiences help others that are on their retirement journey.

I hope it helps

This week I talk about Estate Planning; what to think about and what is important.

While it might not be a topic that gets you all revved up, Estate Planning is considered to be a key aspect of managing one's long-term personal finances, regardless of how simple or complex their financial situation. 

Key Estate Planning Points

• Make use of the small gift exemption to the max you can
• Ensure you have a will in place
• Is section 72 really a good idea
• Estate planning is an essential part of your financial plan
• Things to consider, if Estate Planning is on your mind

I hope it helps.

Even subconsciously, the question surely pops into most people's heads; "Why Do I Need A Will?"

Given that a large percentage of the human race is reluctant to take action now that will benefit their future self, it is no surprise to hear that the majority of people in Ireland haven't made a Will (which will benefit their heirs and loved ones, and not themselves!). The Farmer's Journal put that figure at 70% of Irish people do not have a Will as of 2022.

In this week's episode, in an effort to shift that needle, I will share with you 7 Important considerations in making a Will.

This week we bring you our first-ever Guest-Post, all about Entrepreneur Relief versus Pension Contributions. I will keep the author a surprise until the end of the piece (don't fast forward!), and it might indeed be a fairly big surprise when you do discover who wrote it!

• Entrepreneur Relief Principles
• Pension Contribution Watch-Outs
• Comparison of the two approaches
• A practical comparison of doing €1m on both

All I (Paddy) will say, is that I sure hope you don't like this style better than my own :).

This week I share 12 clear signs it's time to retire from your full-time job. Perhaps it is to start some new professional journey, a new personal journey, or a combination of both.

I share this piece in the hope that it will give you hope! Give you hope if you are on the cusp of retirement and doubting if you can or you can't. Give you hope if you are wondering if you are alone, mad, or simply wrong to retire. 

Key Takeaways

• Your pension fund is healthy and can provide you with a comfortable retirement income
• Your children are financially independent
• 'Work' is incapable of giving you a sense of purpose
• You want to spend more time with family and other interests
• Your health is starting to suffer

I hope it helps.