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 1247 reviews
Pat D.
Pat D.
hassle free.very fast clear reply with clean cut links to all policies .very good all round.
Response from the owner: Hey Pat,Thank you for your fantastic 5-star review! We’re delighted to hear you found the process hassle-free and appreciated the quick, clear replies and easy access to all policies. Providing a smooth and straightforward experience is always our goal, so your feedback means a lot. If you ever need assistance again, feel free to reach out.Best Regards,LowQuotes Team
Anne Marie B.
Anne Marie B.
Great service
Response from the owner: Hey Anne Marie,Thank you so much for your kind words and 5-star review! We’re thrilled to hear that you had a great experience with our service. Providing excellent support and making the process seamless for our clients is what we strive for every day. If you ever need assistance or have any questions in the future, we’re here to help!Best Regards,LowQuotes Team
Carel
Carel
Wow - I never expected the cheapest quotes to have such exceptional service. Highly informed and professional advisors with a quick turnaround. I 100% recommend this business. I dealt with Cormac Logue who could not do enough for me, patiently explaining all the options to ensure I got the right deal. And it was also the best quote out there.
Response from the owner: Hey Carel,We’re delighted to hear about your positive experience with Cormac. It’s great to know he was able to explain all the options clearly and ensure you got the right deal with exceptional service. We aim to make the process as smooth and understandable as possible, so your feedback means a lot to us! If you ever need assistance in the future or have any questions, don’t hesitate to reach out.Best Regards,LowQuotes Team
Anna S.
Anna S.
Absolutely delighted with the service. Aoife explained to me all aspects of the policy and helped to choose tlthe one that suits me best. I highly recommend this company.
Response from the owner: Hey Anna,We’re delighted to hear about your positive experience with Aoife. It’s great to know she was able to explain all aspects of the policy clearly and help you choose the one that suits you best. We aim to make the process as smooth and tailored as possible, so your recommendation means a lot to us! If you need any assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Marion P.
Marion P.
Good service helps to navigate difficult plans and gives you exactly what you need
Response from the owner: Hey Marion,We’re so pleased to hear that you found our service helpful in navigating complex plans and finding exactly what you needed. Making sure our clients have a clear and straightforward experience is what we strive for, so your feedback means a lot! If you ever need assistance again, don’t hesitate to get in touch.Best Regards,LowQuotes Team
sylwester K.
sylwester K.
Quick quote for your policy and assistance in obtaining it
Response from the owner: Hey Sylwester,We’re thrilled to hear you had a great experience with our quick quote process and assistance in securing your policy. Making things fast and straightforward for our clients is a top priority, so your feedback is greatly appreciated! If there’s anything else we can help you with in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Aoife D.
Aoife D.
Recently dealt with Richard for a policy. He was very helpful, explained everything to me in a way I could understand and it helped me choose the right policy for me rather than making me go with more expensive options. Will definitely be going back to LowQuotes for any other policies I need over the years.
Response from the owner: Hey Aoife,We’re delighted to hear about your positive experience with Richard. It’s great to know he was able to explain everything clearly and help you choose the right policy without any pressure. We aim to make the process as smooth and understandable as possible, so your feedback means a lot to us! If you need any assistance or have questions in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
tricia B.
tricia B.
Craig was amazing to deal with . Really put my mind at ease with everything .... Give this man a raise 😁😁😁😁
Response from the owner: Hey Tricia,We’re delighted to hear about your positive experience with Craig. It’s great to know he was able to put your mind at ease and provide excellent service. We’ll be sure to pass on your kind words (and the raise suggestion! 😁). 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
Madel C.
Madel C.
It is very easy and simple to get a quote for mortgage protection and get back to me in my email right away. And be able to apply online easily
Response from the owner: Hey Madel,We’re delighted to hear that you found the process easy and simple! It’s great to know that getting a mortgage protection quote and applying online worked smoothly for you. We aim to make the experience as convenient as possible, so your feedback is much appreciated. If you have any questions or need further assistance, don’t hesitate to reach out.Best Regards,LowQuotes Team
Eamonn O.
Eamonn O.
Aideen gave me very good advice and explained all the important points that would affect me.
Response from the owner: Hey Eamonn,We’re thrilled to hear about your positive experience with Aideen. It’s wonderful to know she provided you with valuable advice and clearly explained all the key points that matter to you. We strive to ensure everything is easy to understand and tailored to your needs, so your feedback is greatly appreciated! If you have any more questions or need assistance down the road, don’t hesitate to get in touch.Best Regards,LowQuotes Team
Maura K.
Maura K.
Shaun Young atow quotes was excellent at helping me find a health insurance to meet my needs and finances. He also answered any and all questions I threw at him over a few days politely, friendly and reassuring, and I'm sure I drove him nuts. Thank you
Response from the owner: Hey Maura,We’re delighted to hear about your positive experience with Shaun. It’s great to know he could help you find a health insurance plan that meets both your needs and budget while patiently answering all your questions along the way. Our goal is to make the process smooth and understandable, so your feedback truly means a lot! If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Betty C
Betty C
Ross was very helpful with our quote and called us promptly. We got a cheaper quote than the competitors.Highly recommend this company.
Response from the owner: Hey Betty,We’re so glad to hear that Ross was able to assist you quickly and help you find a competitive quote! It’s fantastic to know we could provide a more affordable option, and we appreciate your recommendation. If you have any more questions or need assistance in the future, please don’t hesitate to reach out.Best Regards,LowQuotes Team
Anita L.
Anita L.
Shaun was excellent in sorting my health insurance out. Quickly surmising that the existing health plan I had was not beneficial to me at this present time, and steering me on the right path.
Response from the owner: Hey Anita,We’re delighted to hear about your positive experience with Shaun. It’s fantastic to know he could quickly assess your current health plan and guide you toward a better option. We aim to make sure each client gets the best possible plan for their needs, so your feedback means a lot to us! If you ever need further assistance, don’t hesitate to reach out.Best Regards,LowQuotes Team
Con M.
Con M.
I found Ross to be very helpful, informed and great to deal with..thanks for all your help..
Response from the owner: Hey Con,We’re so pleased to hear about your positive experience with Ross! It’s great to know he was able to provide helpful and informed support throughout the process. Thank you for taking the time to share your feedback – it truly means a lot to us. If you ever need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Pratibha S
Pratibha S
I had wonderful experience working with my loan advisor , Bernadine Day, who was constantly helpful and knowledgeable throughout the process. She took time to explain every step in detail, ensuring I understood all my options. Anytime I had questions, she responded promptly and provided clear, practical answers. Her expertise and guidance made the loan process smooth and stress-free. I highly recommend Bernadine to anyone looking for reliable support in securing a loan.
Response from the owner: Hey Pratibha,We’re delighted to hear about your positive experience with Bernadine! It’s fantastic to know that her expertise and clear guidance made the loan process smooth and stress-free for you. Bernadine truly strives to make each step understandable and approachable for our clients, and your feedback reinforces her dedication. If you have any further questions or need assistance in the future, please don’t hesitate to reach out.Best Regards,LowQuotes Team
Daniel M.
Daniel M.
Bernadine has been absolutely fantastic from the outset and throughout our mortgage process, her professionalism, patience and empathy is second to none and there was never any question too big or small for her to answer, we would like to thank Bernadine for all of her hard work and patience over the past number of months!
Response from the owner: Hey Daniel,We’re thrilled to hear about your positive experience with Bernadine! It’s wonderful to know her professionalism, patience, and empathy made such a difference throughout your mortgage process. She truly cares about making the journey as smooth and stress-free as possible, and your kind words mean a lot. Thank you for acknowledging her hard work and dedication over the past few months. If you have any more questions or need further assistance, please don’t hesitate to reach out.Best Regards,LowQuotes Team
Jithin C.
Jithin C.
I recently consulted Cormac Logue for life, health and mortgage protection insurance. His insightful advice, professionalism and tailored solutions impressed me. Cormac's expertise ensured optimal coverage at competitive rates. His dedication and responsiveness made the process seamless. I wholeheartedly endorse Cormac for insurance guidance.
Response from the owner: Hey Jithin,We’re delighted to hear about your positive experience with Cormac. It’s great to know his expertise, professionalism, and dedication helped you secure the best options for life, health, and mortgage protection. We’re thrilled to hear that he made the process seamless and provided tailored solutions. If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
AMIT L.
AMIT L.
Cormac helped with a cutomised mortgage protection policy. His advice was invaluable and kept me informed throughout the process. Highly knowledgeable, nice and an engaging person.
Response from the owner: Hey Amit,We’re delighted to hear about your positive experience with Cormac. It’s great to know he provided invaluable advice and kept you informed throughout the process while helping with a customized mortgage protection policy. We agree – his knowledge and engaging approach make all the difference! If you have any further questions or need assistance in the future, don’t hesitate to reach out.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.