Kel Galavan

Not everybody drove cars back then, you know, college and school, laptops, all that.

We didn't have a lot of those expenses of what we have now.

Right.

But now life has changed.

You do not necessarily have a job for life.

Very, very few career paths give you a job for life now and very few paths give you a pension for life.

So you may end up with two or three different pensions.

You may end up with 10 different jobs.

You may end up living in three or four or five different countries.

So for that, you need to make sure that

you have an extra cushion in there, an extra tap to fill your money bucket, your wealth bucket that's growing in the background over time.

Now, I'm going to say that with the caveat, your pension is already in an investment.

So understanding investments

is really important and being comfortable with that and ideally doing it from an early age.

And it can seem scary because often in Ireland, like we're not used to investing in just, we're comfortable with having an investment property or investing in property.

We're good with that.

We've done that for a long time.

We're not...

good at investing in the stock market as a whole, because often when you talk about stock market, people will go, well, what about aircom shares?

You know, like, you know, we all bought into that and look, we just basically burned our money.