Cliff Taylor

speaker
1,456 appearances 11 recordings 2 series first heard Apr 2026 last heard yesterday

Cliff Taylor’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 11 in all, peaking in Jun 2026 with 3.

Appearances

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Does that mean 30-year-olds need to be putting large amounts of their salary into a pension scheme each month?
When should you ramp up contributions?
What are the mistakes to avoid?
And why is home ownership so important when it comes to the Irish financial life cycle?
To discuss all this, I'm joined in studio by partner at PWC Ireland, Munro O'Dwyer.
I began by asking Munro for his reaction to the survey's findings.
Here we go.
Monroe, thanks for joining us.
We got a lot of interest in some research that we wrote about in the Irish Times recently from Royal London, which looked at people's expectations of the amount of money they needed when they retired, which averaged a little over 40,000 coming towards 41,000 a year, which is quite a lot, and then looked at how much money they might need to put away in their younger years, which came up to very high numbers.
How do people...
start, I suppose, in making that assessment of how much money they might need?
And the base... Because that's the time of your life when you're likely to be facing a lot of, you know, perhaps you're paying a mortgage, perhaps you have children.
Right, right.
OK, so you're kind of your broad lifetime strategy is...
start a pension, get whatever you can from your employer, which requires putting in a few bob yourself.
But accept that in later life, you're going to have more cash available.
You may have an inheritance.
The kids may be gone.
Your mortgage may be paid off or whatever.
Totally.
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