Full retirement
Test whether stopping work at 63 fits your expected income, pension access and spending needs.
Professional pension planning · Greystones and Wicklow
Pension planning for high-income professionals in Dublin and Wicklow
A strong salary does not automatically build a strong retirement. Bonuses, equity awards and partnership income can leave pension funding out of step with what you earn.
Mark's Pensions helps professionals bring changing income, existing pension arrangements and retirement timing into one clear plan.
Income that changes
Plan around bonuses, equity awards and partnership income
Build a contribution approach around how you are paid, not an assumption that every year looks the same. A good plan gives strong earning years a job.
Bonus years
Set a deliberate approach for lump sums before the next bonus arrives.
We can compare the effect of different contribution amounts against your income, existing funding and current pension rules. The decision should fit your cash needs as well as your longer-term plan.
Equity and share awards
Bring vesting dates and share-based pay into the retirement discussion.
A technology employee pension review can consider how equity awards fit with your wider income and investment exposure. Timing, tax treatment and personal circumstances need individual assessment.
Profit share and partnership
Make room for income that may not follow a regular salary pattern.
Partner drawings, profit share and practice income can call for a different contribution rhythm. We can review stronger and weaker years together and agree when the plan should be revisited.
Every contribution decision depends on your scheme, earnings and current rules.
Start with what you have
A clear inventory of your pensions
Open each category to see what the review considers.
Occupational schemes
Review scheme rules, benefits, costs and any guarantees before considering a change.
Personal pension contracts
Check policy terms, investment choices, charges and how each contract fits your current plan.
PRSAs
Compare the arrangement's terms and investment options with your wider pension position.
Retirement bonds
Identify the benefits, restrictions and retirement options attached to each bond.
Several pots, one retirement
Review before you consolidate
Changing jobs can leave you with several pension arrangements and no current view of the whole picture. The first step is to list what you hold and understand the terms of each one.
Consolidation can make a position easier to oversee, but it is not right for every pension. Guaranteed benefits, protected tax-free cash entitlements or scheme-specific rules may be lost or changed if you transfer.
We document why an arrangement is kept, reviewed or considered for transfer. That reasoning should still make sense when retirement is closer.
Ask for a pension consolidation reviewContribution planning
Higher-rate tax exposure and contribution capacity
High income alone does not determine how much you can contribute or the relief available. Your age, earnings, pension history and income structure all matter.
- Contribution limits
- Age-related limits and relevant earnings rules affect pension funding. Check them against your own circumstances and the current rules.
- Tax relief
- The value of relief depends on how your income is taxed and whether a contribution qualifies. It should be assessed rather than assumed.
- Other income and reliefs
- Employment pay, practice income and other reliefs may affect the overall picture. Keep the assessment specific to your position.
- Changing earnings
- Review the plan when your pay structure changes, a partnership begins or your working pattern shifts.
Investment review
Fund choices for larger pension values
As a pension grows and retirement draws nearer, review the risks you are taking and the charges you are paying. A selection that once suited you may need another look.
Risk and time horizon
Revisit your capacity for investment risk as your pension value and expected retirement date change.
Explore investment reviewsDiversification
Check how your funds are spread across asset types and whether a concentrated holding affects the plan.
Explore investment reviewsCharges and value
Understand the charges on each arrangement. Small percentage differences can matter on a larger balance.
Explore investment reviewsPersonal preferences
Discuss ethical or sustainable investment preferences alongside risk, diversification and fund choices.
Explore investment reviewsPlan the transition
Choose your retirement date and shape
Retirement can be a full stop or a gradual change in how much you work. Compare the options against your pension, income and commitments.
This sets an age for discussion. It does not calculate pension benefits.
Phased retirement
Consider reducing hours or commitments around age 63 while income and pension plans adjust.
Later transition
For a late-career income spike or practice sale, assess how working beyond 63 changes the options.
A retirement model can test a preferred date and compare it with a change of two or three years. It should account for your final earning years and the way income may be drawn.
A practical first conversation
Speak with an adviser about your professional pension position
Bring the shape of your income and any pension arrangements you already know about. We can agree what needs reviewing and arrange a meeting in person or remotely.
Early-evening appointments can be arranged. Advice depends on your circumstances and suitability assessment.