When to seek Financial Advice

Seek financial advice whenever you need clarity, guidance, or aim to maximize your money’s potential.

Achieving your goals depends on the quality and efficiency of your financial plan.

Let our award-winning advisors take care of it for you.

Financial Planning vs. Stages of Life

Financial planning is a journey that evolves with every stage of life. From the vibrant energy of your 20s to the reflective wisdom of your 60s and beyond, each decade brings its own financial challenges and opportunities. Understanding how to navigate these changes is crucial for securing a comfortable and prosperous future. 

In Your 20s: Foundations and Freedom

Financial Planning on your 20s

People on their 20s

Life Events: 

  • Graduating college 
  • Entering the workforce 
  • Moving out on your own
  • Buying your first car
  • Budgeting becomes even more crucial as you balance new income with expenses like rent, car payments, and student loans.
  • Building an emergency fund provides a financial safety net for unexpected expenses, such as car repairs or job transitions, offering peace of mind.
  • Investing in a retirement account early takes advantage of compound interest, setting a strong foundation for future financial independence.
  • Insurance planning is essential, and starting young can lead to more affordable premiums. Key policies to consider at this age include life insurance, income protection, and health insurance. 
  • Debt management strategies help efficiently pay off student loans and credit card debt, freeing up more of your income for savings and investments.

In Your 30s: Growth and Commitment

Financial Planning on your 30s

Life Events: 

  • Advancing in your career or starting a business
  • Marrying or establishing long-term partnerships
  • Starting a family 
  • Purchasing your first home
  • Investing in your career through further education or skill development can enhance your earning potential.
  • Family financial planning now includes managing a mortgage, and ensuring you’re prepared for the costs of home ownership, children’s education, and shared life goals.
  • Comprehensive insurance coverage becomes even more important, including home insurance to protect your property, Income protection to safeguard your assets, mortgage protection and life insurance to protect your loved ones.
  • Retirement planning should evolve with your career growth, increasing contributions to reflect rising income.
  • Emergency fund adjustments may be necessary to account for the potential costs associated with home repairs and maintenance on top of your regular mortgage payments.

In Your 40s: Reflection and Consolidation

Financial Planning on your 40s

Life Events: 

  • Changing Jobs/Careers
  • Raising a family, with the added complexity of teenage years
  • Possibly caring for ageing parents
  • Sending Kids to College
  • Maximising retirement savings by catching up if you’re behind or maximising contributions as your income peaks.
  • College savings plans for children become a priority, alongside navigating the financial aspects of elder care.
  • Debt reduction, focusing on eliminating high-interest debt and possibly mortgage debt, to free up resources for other goals.
  • You are investing more in your personal health and adjusting your insurance to protect against unexpected health expenses that can impact finances.
  • Reviewing and updating estate plans and wills to ensure financial affairs are in order and aligned with current life circumstances.

Would you like to speak to an advisor?

Our award winning team is always here to help you,.

In Your 50s: Preparing for the Next Chapter

Financial Planning on your 50s

Life Events: 

  • Children leaving home
  • Preparing for retirement
  • Reflecting on life achievements and planning for the future
  • Downsizing or remortgaging to better align with retirement goals and financial comfort
  • Buying investment property as a means to diversify income streams in retirement
  • Focusing on investments to secure and grow wealth as retirement approaches
  • Retirement planning shifts towards fine-tuning savings and investment strategies for imminent retirement.
  • Healthcare planning gains importance, considering long-term care insurance and healthcare costs in retirement.
  • Estate planning becomes a priority to ensure your legacy and wishes are clearly articulated, including plans for any investment properties.
  • Debt management may involve strategic decisions about downsizing to a smaller home or remortgaging to reduce monthly expenses or tap into home equity for retirement funding.
  • Diversifying income through the purchase of investment property can provide additional revenue streams in retirement, but requires careful financial planning to manage the associated risks and responsibilities.
  • Investment review and adjustment are key to ensuring your portfolio is appropriately balanced between growth and risk, especially as you move closer to retirement.

In Your 60s and Beyond: Enjoyment and Legacy

Financial Planning on your 60s

Life Events: 

  • Retiring from full-time work
  • Enjoying hobbies, travel, and leisure activities
  • Volunteering and mentoring, passing on wisdom
  • Income management in retirement involves strategic withdrawal from retirement accounts, optimizing social security benefits, and managing taxes.
  • Healthcare management is critical, with a focus on Medicare, supplemental insurance, and managing healthcare costs.
  • Legacy and estate management focuses on ensuring your financial legacy is secure and aligned with your wishes, including charitable giving and inheritance planning.

Why choose LowQuotes.ie as your financial partner?

Choose us as your financial partner and enjoy the best options the market has to offer.

We work with every lender and provider out there to make sure you get top-notch financial solutions. Our team includes award-winning experts with over 35 years of experience, and we’re proud of our 1,000+ five-star Google reviews. Our advanced software helps us create personalized plans that fit your unique situation perfectly.

Our goal is simple: to go beyond what you expect and build lasting relationships. We value clear communication, honesty, and integrity, always putting your needs first to help you on your journey to financial freedom.

Google Reviews

LowQuotes.ie
4.9
Based on 1147 reviews
Glenda M.
Glenda M.
Cormac was incredibly helpful and friendly throughout the whole process of applying for life assurance. He made it so easy as I didn't know anything about life insurance. He was able to guide me through the questionnaire making sure I understood the terms and conditions. Couldn't recommend more highly. Thanks again
Andrew S.
Andrew S.
Richie was incredibly helpful, friendly and professional. He explained everything clearly and made all straightforward. Great company to deal with!
Michael F.
Michael F.
Bernadine Day was brilliant to deal with, she made the whole process so much easier. I would 100% recommend dealing with her to anyone. She was professional, friendly and had an absolute wealth of knowledge and guidance for every phase of the process.
David M.
David M.
I had the pleasure of working with Courtney for my mortgage protection cover, and I couldn't be happier with the experience. She was incredibly professional, helpful, and super efficient in handling everything. Highly recommend Lowquotes to anyone in need of mortgage protection cover.
Joan C.
Joan C.
Really friendly and knowledgeable people, made the business of understanding health insurance easy, it's pretty complicated trying to do this yourself. I felt our needs were listened too and the best policy for us was explained very well, together with alternative options if we wanted. Super priced policies.
John D Campbell Painting & D.
John D Campbell Painting & D.
Very helpful
emma H.
emma H.
Ross was extremely helpful and accommodating to deal with. Arranged calls with both my partner and I with times that suited us. Very thorough and explained everything to us. Will be recommending to others.
Natalie S.
Natalie S.
Claire was amazing, friendly and professional from start to finish, with no pressure to buy. She provided information on all of the products so we understand exactly what is covered. The cover is now much more appropriate for what we need with a bit of a saving. Everything was dealt with efficiently and effectively and I have a lot more peace of mind.
Vipula T.
Vipula T.
Great help provided
Jason D.
Jason D.
Very detailed explanation and quotation
stephen S.
stephen S.
Excellent customer service by Seamus. Real gentleman and spent a lot of time helping and supporting my request.Highly rate Seamus!
Arunkumar R
Arunkumar R
I got Lowquotes.ie recommended by one of my friend for the mortgage protection. It was a great and smooth experience to deal with. I worked with advisor Richie during the process he explained everything in detail and also what i would be expecting and helped me to choose the right product based on our need. I would be always happy to work with them for all the future needs. Thanks again for the great work and keep up your great work Richie.
Regulo Antonio S.
Regulo Antonio S.
A huge thanks to Seamus Phelan for being super friendly and incredibly helpful throughout the process of getting mortgage protection insurance. He patiently guided me through everything and made sure I understood all the options before making any decisions. If you need life or mortgage protection insurance, I highly recommend reaching out to Seamus.
Olamide O.
Olamide O.
We highly recommend Bernadine Day of Mortgage Assist. Over the past two years, she has been incredibly patient and dedicated, guiding us through the mortgage process with expertise and care. Her professionalism and genuine concern for my financial well-being made a complex journey manageable. If you need a mortgage adviser who will go above and beyond, Mortgage Assist is the one to choose & Bernadine will get you sorted.
Katherine M.
Katherine M.
I dealt with Richard when trying to source mortgage protection, he was very patient and lovely to deal with over the phone very helpful. Highly recommend
Avril G.
Avril G.
CORMAC WAS VERY HELPFUL AND INFORMATIVE WITH THE INFORMATION AND PACKAGES TO SUIT MY NEEDS. HE WAS BOTH HELPFUL, POLITE AND VERY PATIENT AT ALL TIMES. I WOULD RECOMMEND CORMAC FROM LOW QUOTES TO ANYONE WHO NEEDS THE CORRECT INFORMATION/PACKAGE REGARDING THEIR LIFE INSURANCE OR ANY OTHER FINANCIAL ADVICE.
Daniel B.
Daniel B.
Cormac logue was a gentleman on the phone explaining everything perfectly and couldn't be more helpful
Lorna L.
Lorna L.
Absolutely incredible support from Cormac in LowQuotes.ie who helped me get insurance cover in place. It was my first time using this company and I will definitely be using them again in future. Cormac did everything from checking with underwriters to calling me when he said he would and gave me great peace of mind that I had the correct cover in place. He also knew that there was some urgency in getting my cover in place so he treated it with the highest of priorities. I am extremely impressed and a very happy customer.
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Have a Protection Package in place and boost your Financial Plan in every stage of your life!

Gain immediate access to our comprehensive Protection Package Guide, designed to enhance your financial plan and help you achieve your goals. This guide offers vital tips, step-by-step instructions, and essential strategies for securing your financial future. Don’t wait, download now and start building a stronger financial foundation!

Your journey towards financial freedom starts here!

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 financial plan.

Get all your questions answered by a Financial Advisor.

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Your Questions Answered

Think of a financial plan as your GPS in the world of money. Whether you’re saving for a car, planning a big trip, or just wanting to manage your bills better, having a plan helps you get where you want to go without unnecessary detours.

The best time to start was yesterday, and the second-best time is now! It’s never too early or too late to get your finances in order. Starting young gives you a fantastic head start, but making a plan at any age can help improve your financial well-being.

You can definitely start on your own by setting goals and budgeting. However, chatting with one of our financial advisors can be a game-changer for more complex things like investments, retirement planning, or tax strategies. We can offer tailored advice and insights you might not have considered.

 

Life changes, and so should your financial plan. A good rule of thumb is to give it a once-over annually or after significant life events (think marriage, baby, new job). This way, you can adjust your plan to stay on track with your goals.

A financial plan considers the big picture. It covers income, expenses, savings, investments, debt management, insurance needs, retirement planning, and any other financial goals. Think of it as a comprehensive roadmap for your financial future.

Got more questions? Don’t hesitate to reach out to us for tailored financial advice. 

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Career opportunities at LowQuotes.

Here at LowQuotes, we want to ensure that our customers achieve all their financial goals, no matter what stage of life they are at.  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.