Know how to retire early.

Learn effective strategies to retire early by maximizing savings, investing wisely, minimizing expenses, and building alternative income streams. Getting a quote is the first step in your journey! Answer a few questions and wait for one of our Advisors to contact you!

What are the advantages of retiring earlier?

Early retirement offers numerous benefits to individuals seeking financial independence and a more fulfilling lifestyle. Firstly, it provides the opportunity to enjoy more leisure time and pursue personal interests, hobbies, and travel experiences while still in good health and vitality. Early retirees have the flexibility to spend quality time with loved ones, contribute to their communities, and engage in lifelong learning pursuits. Additionally, early retirement allows for greater control over one’s time and freedom from the constraints of traditional employment, leading to reduced stress levels and improved overall well-being. Financially, early retirement provides peace of mind and security, as individuals have more time to build their savings, investments, and passive income streams, ensuring a comfortable and sustainable lifestyle throughout their retirement years. Furthermore, early retirees can take advantage of their prime years to explore entrepreneurial ventures, volunteer opportunities, or pursue passion projects without the pressures of a full-time career. Overall, early retirement empowers individuals to design their ideal lifestyle, prioritize personal fulfillment, and embrace the joys of living life on their own terms.

What strategies can I use to retire early?

1. Take advantage of the tax Relief

Contribute to retirement accounts, such as Personal Retirement Savings Accounts (PRSAs) or employer-sponsored pension schemes, to benefit from tax relief and compound growth.

Boost your contributions with the Employer Benefit

If your employer offers a pension plan with matching contributions, take full advantage of it. Employer contributions can significantly boost your retirement savings.  On the example, thanks to tax relief, your effective cost is only €130. This means you’re able to contribute more to your pension pot while paying less. You’re getting €304 more into your pension pot, it’s literally free money!

2. Maximize Savings

Increase your savings rate by cutting unnecessary expenses and living below your means. Aim to save a significant portion of your income.

3. Invest Wisely

Invest your savings in assets that offer long-term growth potential, such as stocks, bonds, and property. Consider diversifying your investment portfolio to manage risk.

4. Minimize Debts

Pay off high-interest debt as quickly as possible to reduce financial burdens and free up more funds for saving and investing.

Google Reviews

LowQuotes.ie
4.9
Based on 1430 reviews
Zahia H.
Zahia H.
I recently completed the purchase of my new home and just picked up the keys today! I couldn’t have done it without the incredible support of Bernadine.From start to finish, she made the mortgage process smooth and stress-free. Always professional, responsive, and clear in her communication, she helped me navigate every step with confidence. I truly appreciated her patience and guidance throughout.Highly recommend their services to anyone looking for expert mortgage advice and outstanding support!
Daniel K.
Daniel K.
Neil O' Brien recently guided me through the process of securing mortgage protection and couldn't have made it any more straightforward.Neil was friendly, knowledgeable and meticulous in the dealings that I had with him. I was impressed with how responsive Neil was with any follow up queries that I had.I would highly recommend Neil and Low Quotes to any person organising mortgage protection and other forms of life insurance based on the positive experience I have had.
Harry M.
Harry M.
I took out an Income Protection policy this week, great service from start to finish, Cormac was very professional and was able to get me a good quote quickly having offered me advice on which company would be best for me
Response from the owner: Hey Harry,We’re delighted to hear about your positive experience with Cormac. It’s great to know he was able to offer you clear advice and secure a good quote for your Income Protection policy so quickly. We aim to make the process smooth and straightforward, so your feedback really means a lot to us! If you have any questions or need help in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Kathleen S.
Kathleen S.
Shaun was very helpful and very easy to talk to and explained everything very well
Response from the owner: Hey Kathleen,We’re delighted to hear about your positive experience with Shaun. It’s great to know he was able to explain everything clearly and make the process easy to follow. We aim to keep things simple and understandable for everyone, so your feedback means a lot to us! If you have any further questions or need assistance down the line, don’t hesitate to reach out.Best Regards,LowQuotes Team
Patrick
Patrick
I was chatting to shaun young today from low quotes in regards of private health insuranceand he went into Great details about my concerns in regarding private health insurance I don't think I could have spoke to anyone that was so knowledgeable about this matter sometimes you wake up in the morning being concerned about certain things in regards of your health but after speaking to Shaun he put my mind completely at ease after getting off the phone to him I will spend a more relaxed day knowing that I don't have as much to worry about as I've thought I had. shaun was just a delight and pleasure to talk to and I will definitely be passing on this information to others that has concerns and I will be passing on the low quotes website to my friends knowing that there is someone on the phone that will talk to you and put you at ease so thank you from the bottom of my heart to Shaun and all the people at low quotes thank you very much for such a pleasurable experience on the phone and I recommend anybody with any concerns get in touch with any of the guys from low quotes I highly recommend them
Response from the owner: Hey Patrick,We’re so glad to hear about your positive experience with Shaun. It’s great to know he was able to answer all your questions and put your mind at ease — that’s exactly the kind of support we aim to provide. Your kind words mean a lot to Shaun and the whole team here at LowQuotes. Thank you so much for recommending us and for sharing your experience with others. If you ever need anything else or have more questions in the future, we’re just a phone call away.Best Regards,LowQuotes Team
Ritchel P.
Ritchel P.
I recently had the pleasure of dealing with Neil of LowQuotes.ie for our Mortgage Protection insurance. Everything was straightforward and he made sure that he answers all my questions. He made sure that we get a cover in all aspects without being too pushy so he provided us with options that we can consider. In the end, we still got a good cover that’s within our budget. He was very knowledgeable and made this insurance hunting for us like a walk in the park.
Response from the owner: Hey Ritchel,We’re delighted to hear about your positive experience with Neil. It’s great to know he made everything straightforward and helped you find the right cover without any pressure. We always aim to make the process clear and easy, so your feedback really means a lot. If you have any questions down the line or need anything else, don’t hesitate to reach out.Best Regards,LowQuotes Team
Theresa V.
Theresa V.
We would just like to show our appreciation for the brilliant service & advise from Aoife Morgan.We are extremely happy with all that Aoife had to offer us i.e. the best quotations and available options.We are delighted with our choice, by getting all additional information needed, speedy feedback & all the value added from Aoife.Aoife are highly recommended, especially regarding her competency, efficiency & excellent communication skills.Thanks you very much & much appreciated.Theresa & Aubrey Staples
Response from the owner: Hey Theresa & Aubrey,We’re delighted to hear about your positive experience with Aoife Morgan. It’s great to know she was able to provide the best quotations, clear advice, and quick feedback to help you make the right choice. We really appreciate you highlighting her competency, efficiency, and excellent communication. That’s exactly the standard we aim for every time.If you ever need anything else or have any questions in the future, please don’t hesitate to reach out.Best Regards,LowQuotes Team
Rishi R.
Rishi R.
I had the pleasure of dealing with Aoife Morgan regarding my life insurance, and I can confidently say she made the entire experience smooth, honest, and reassuring.She was incredibly patient throughout the process — never rushed me, always listened, and helped me understand all the options available. She guided me toward a life insurance plan that fits my budget, yet still gives my family solid protection for the future.Aoife also offered genuine advice and took the time to answer all my questions, even when I was unsure or needed clarity more than once.I truly appreciated her professionalism, kindness, and calm approach. I wish her continued success and prosperity — and would absolutely recommend her to anyone looking for insurance advice or support. She’s a real credit to her team and clients.Thank you, Aoife.
Response from the owner: Hey Rishi,We’re thrilled to read your thoughtful review, thank you so much for taking the time to share your experience with Aoife Morgan. It’s fantastic to hear how her patience, clear advice, and genuine care made arranging your life insurance smooth and reassuring.We’re especially glad you felt fully informed and supported every step of the way, that’s exactly the standard we strive for. We’ll be sure to pass on your kind words to Aoife, she’ll be delighted!If you ever need any further help or advice, please don’t hesitate to reach out.Best Regards,LowQuotes Team
Joan S.
Joan S.
I found Shaun to be very helpful in answering all my questions and explaining everything to me.
Response from the owner: Hey Joan,We’re delighted to hear about your positive experience with Shaun. It’s great to know he was able to answer all your questions and explain everything clearly. We aim to make the process as smooth and understandable as possible, so your feedback means a lot to us! If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Wesley S.
Wesley S.
Bernadine was exceptionally helpful. She provided guidance and support at every stage of our mortgage application. I've already recommended her to friends and family, and would highly suggest anyone looking for a new mortgage, or to change an existing mortgage, reach out to Lowquotes.
Response from the owner: Hey Wesley,We’re delighted to hear about your positive experience with Bernadine. It’s great to know she was able to guide and support you through every stage of your mortgage application. We really appreciate you recommending us to your friends and family — that means a lot! If you ever need any further assistance or have questions in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
James K.
James K.
Aoife guided us all the way. Very informative along with her sunny disposition even though we were discussing life (death) cover. Will check in with her again when we need other cover.
Response from the owner: Hey James,We’re delighted to hear about your positive experience with Aoife. It’s great to know she guided you so well and made the process informative and pleasant, even when discussing something as serious as life cover. We really appreciate your trust and look forward to helping you again when you need other cover in the future.Best Regards,LowQuotes Team
Aoife O.
Aoife O.
Niamh was very helpful and efficient. Made the whole process easier than expected and answered all questions thoroughly.
Response from the owner: Hey Aoife,We’re delighted to hear about your positive experience with Niamh. It’s great to know she was able to make the whole process easier and answer all your questions clearly. We aim to make everything as smooth and understandable as possible, so your feedback means a lot to us! If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Caitlin C.
Caitlin C.
Colin was helpful, friendly, knowledgeable and professional. He made the process of applying for life insurance which I've been avoiding for months, a very simple, painless experience. I highly recommend asking for Colin if you're seeking similar cover.
Response from the owner: Hey Caitlin,We’re delighted to hear about your positive experience with Colin. It’s great to know he was able to explain everything clearly and make the process of applying for life insurance simple and stress-free. That’s exactly the kind of service we aim to provide!Thanks so much for your kind words and for recommending us—if you need anything else down the line, don’t hesitate to reach out.Best Regards,LowQuotes Team
Charlena M.
Charlena M.
Colin was lovely to work with. Made the process very easy
Response from the owner: Hey Charlena,We’re delighted to hear about your positive experience with Colin. It’s great to know he made the process easy and enjoyable for you. That’s exactly what we strive for at LowQuotes!Thanks for taking the time to leave a review—if you ever need anything else, we’re just a call away.Best Regards,LowQuotes Team
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Start a Retirement Planning today and secure the future of your dreams!

Planning for retirement is a significant milestone. Whether you’re just starting to think about retirement or are already well into your retirement journey, this guide will help you make informed decisions and create a retirement plan that aligns with your financial goals. And it’s totally FREE! Don’t wait, download now!

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After you download your guide, one of our expert Financial Advisors will be in touch shortly to provide you with guidance and further relevant information to build you a customised retirement plan.

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Transfer your benefits

If you transfer your pension to a  Personal Retirement Bond (Also known as a Buy out bond), your old benefits will be moved to a pension plan controlled by you. This also allows you to select a risk profile that suits your current needs and your benefits can be taken from age 50.

How a PRB works

Is a PRB different from a regular Pension?

A PRB is primarily for receiving benefits from a company pension which you are no longer a member of, or where your employment has ceased. You also can’t make any contributions to a PRB but you can invest the funds similar to a regular pension (Selecting fund options).

Funds, Risks and Investments

The specific funds you select for your retirement savings can greatly impact the potential for compound growth. Generally, investing in a diversified portfolio of assets can help spread risk and maximise growth potential. Let one of our experienced financial advisors help you with that! The level of risk you’re comfortable with will depend on your individual financial situation and risk tolerance. Younger individuals may opt for a more aggressive investment strategy, while those closer to retirement might choose a more conservative approach.

How much money do I need to retire?

As retirement nears, you likely have a grasp on your expenses and budget. However, it’s crucial to note that retirement costs can vary widely based on your lifestyle and choices. Consider your savings, expected expenses, healthcare, and potential income sources like the State Pension.

Would you like to speak to an advisor?

Our award winning team is always here to help you.

Your Questions Answered

We’re living longer than previous generations. Upon retirement, on average we will have 20-30 years of retirement. A pension plan will make sure you’re financially sound for these years. Whether you wish to travel, retire to the country, or spend time with your children & grandchildren.

The amount you will receive per month entirely depends on how much you’re willing to pay per month, the length of time you’ve been making contributions, the type of pension plan and its investment return. You can also choose to receive a lump sum upon retirement or not.

As of today, the State Contributory Pension is about €240 per week. For most people, during their 20-30 years of retirement, this simply isn’t enough. When you pay into a pension plan, you will receive both the state pension (If available to you) and your Pension Plan.

Tax relief reduces the actual cost of your pension. You do not have to pay tax on money that you put into a personal pension (This falls within the limits set out below). This is calculated at the highest rate of tax you pay (Currently 20% / 40%)

Example:
Monthly contribution = €100
Tax Relief (40%) = €40
Cost to you = €60

Warning: Past performance is not a reliable guide to future performance.      

Warning: The value of your investment may go down and up.      

Warning: If you invest in this product, you will not have any access to your money until you retire.   

Warning: If you invest in this product, you may lose some or all of your investment.     

Warning: This product may be affected by changes in currency exchange rates. 

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Here at LowQuotes, we want to ensure that our clients receive the highest standards of service.  If you have a passion for connecting with people and aspire to thrive in a culture built on trust, integrity, dedication, and excellence, this could be the perfect fit. 

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Coronavirus Covid 19 Information

We would like to assure our customers that although this Worldwide Pandemic has struck our Nation hard, we are still here for our new and existing customers. All phone calls and emails will be dealt with accordingly.

In the unfortunate circumstance that a customer contracts COVID-19 and dies, our life policies would pay out in line with our usual claims philosophy.

All Consultations will be held by Phone or Online via Computer/Smart Device to remove face-to-face interactions and keeping in line with social distancing guidelines recommended by the Government.

We at Lowquotes.ie hope you, your family and your loved ones stay safe & healthy in this time.