Will the money you're building fund the life you want? | OwnIt

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Will the money you’re building fund the life you want?

A starting picture, not a prediction. Explore what could work for you, and leave yourself some breathing room.

Your financial numbers never leave this page. Everything is calculated in your browser.

About you

Your pension may start later—something to check with your provider.

The life you want

Start with what you spend in a typical month. An estimate is fine.

€
Everything from housing and groceries to holidays and everyday spending.
We’ve started with 80% of today’s spending. You can adjust this in ‘Make it yours’.

Your pension

You’ll find these numbers on your pension statement or online account.

€
All pots combined, including old jobs.
€
What you and your employer add in total. Check your own contributions are within your tax relief limit. See the limits below.
Add investments or property

Investments outside your pension. You can skip this section if it doesn’t apply.

€
Including vested company shares and ESPP.
€
€
Before tax. If it isn't rented yet, a rough market rent is fine. Only the rent counts here, not the property's value.

At 60, each year

(allowing for inflation)

Add your numbers above and your picture appears here.

Make it yoursSee how changing one number changes your picture.

Try changing your monthly pension contributions, investments or spending in the sections above. Or explore the options here.

Retirement spending (% of today’s spending)

%

Think about costs that may stop (e.g. mortgage, family) and what you’d like more of (travel, health).

Pension growth (% each year)

%

Check how your pension is invested and what it has been returning.

Investment growth (% each year)

%

Check what return is reasonable for how you’re invested.

State Pension (% of full amount)

%

What you get depends on how many years worked. Request your Contribution Statement on MyWelfare.ie. Time out for children or caring may count too, you could have an opportunity to apply.

State Pension rules and what you’re entitled to may change.

See how this was calculated
  • The model assumes your living costs rise by 2.5% each year until retirement.
  • Your pension and investments grow at the rates you set above, after charges. Actual returns will vary. Any rent grows at 2% a year.
  • Your monthly pension contributions stay the same every year. Tick the box above to increase them by 2.5% a year with inflation. Investment contributions always stay the same.
  • Please make sure the pension contributions you enter above are within your tax relief limit. This is a percentage of your earnings (up to €115,000 a year) based on your age: 15% under 30, 20% in your 30s, 25% in your 40s, 30% from 50 to 54, 35% from 55 to 59, and 40% from 60. Check the current limits at revenue.ie.
  • Your yearly income is estimated as 4% of each pot’s projected value. This assumes your money stays invested after you retire, so it can keep growing while you draw on it. If you retire before 60, the model uses 3.5% instead, because your money has to last longer.
  • Your 25% tax-free lump sum, up to a maximum of €200,000, is included in this model.
  • The State Pension starts at 66. The model uses the 2026 full rate of €15,564 a year, at the percentage you set above. You need 40 years of PRSI contributions to get the full rate.
  • Tax is an estimate based on your projected income. Your actual tax will depend on your circumstances.
  • Investment tax is simplified in this model. It takes 38% tax off your investment growth. In reality, different investments are taxed at different rates and at different times (for example, deemed disposal on funds every eight years), and that isn’t modelled. Treat the investment figures as an estimate and get advice for your own situation.
  • Your personal tax credit, and the extra age tax credit from 65, are built into the estimated tax.
  • If you retire before 66, your State Pension hasn’t started yet, so the model fills that gap from your pension. For example, retiring at 60 with a €20,000 gap means €120,000 has to come from your pension over those six years. The model takes this from your 25% tax-free lump sum first, then from the rest of your pension, then from your investments if needed.
  • Based on 2026 tax and State Pension rates. Updated August 2026.

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This is financial education to support your own decisions. It is not regulated financial advice, a personal recommendation, or tax advice, and OwnIt Advisory is not regulated by the Central Bank of Ireland. The figures are planning estimates based on the assumptions shown above. They are not guarantees. The value of investments can fall as well as rise, and you may get back less than you invest. Projections are not a reliable guide to future performance.

Verify your own position with Revenue, MyWelfare.ie, or a regulated advisor before acting on any figure here.