The current State Pension (Contributory) provides an income of just €223.30 per week for a single person. If that's the only income you have when you retire, it could certainly mean a big fall in your standard of living.
Kavanagh Wealth Management is regulated by the Central Bank of Ireland Kavanagh Wealth Management, Unit 3 Joyce House, Barrack Square, Ballincollig, Co Cork, Tel: 087 0632 602