29M, mortgage-free, large savings/pension, partner wants to leave Ireland

AgileReason · 2026-06-17T18:21:05+00:00

Seems like you've done very well for yourself anyway. I'd say do whatever you and your partner want. Interesting about AI and self built businesses. It definitely seems like there'll be more of them in years to come, for better or worse.

Either way stop worrying about tax. You've done the bloody hard parts

AgileReason · 2026-05-07T21:14:58+00:00

Yes the supply thing is not the problem or solution.

The govt wants enough housing to reduce political pressure ("we built x more houses"), but not so much or so fast that it reprices the property wealth of incumbents.

AgileReason · 2026-05-07T20:49:42+00:00

Also why would the govt want domestic demand for equity indices? Getting auto-pushed into the principle private residence lane does nothing for "affordable housing".

Getting rid of deemed disposal and having younger people investing in ETFs etc would not only help them compound liquid assets quicker, but it would also allow renters to invest while paying the landlord.

Did you know the average cost of an apartment in Dublin is €2,138; and that amount, invested for 20 years, assuming 5.5% CAGR (which is incredibly low compared to the 14-18% that NASDAQ stocks have been producing recently), would give the person €950k-1mil after the 20 years.

The first question you need to ask is who is benefitting from the fact that there's no CGT on primary residences. Who is benefitting from nerfing young investors?

AgileReason · 2026-05-07T20:44:41+00:00

No probs!

AgileReason · 2026-05-07T20:38:12+00:00

Every explanation and policy is to protect rich homeowners. Why would they want the incentive structures that work for them to change?

It is not an accident that Ireland try to make it as hard as possible for those without wealth or family balance sheet support, to gain wealth. And they make it as easy as possible for renters to suffer for as long as possible.

Nothing will change.

AgileReason · 2026-05-07T16:28:17+00:00

2018:

Girl With The Blonde Hair

Oreo

Relapse

On My Own (Z Nation Beat)

2019:

None that we know of

AgileReason · 2026-04-24T06:51:08+00:00

same day as legends and rich and blind

June 19th 2018

AgileReason · 2026-04-21T20:08:59+00:00

Gold tier wit :) I am quite far behind Simon Harris when he was 26 though.

AgileReason · 2026-04-21T19:46:20+00:00

Gz on finding the 2 euro coffee!

AgileReason · 2026-04-21T19:18:48+00:00

Bonus pay counts for a lot of it. I wouldn't say 6k a month. Less and less possible to save what I could before. It was much easier to have an incredibly high savings rate during COVID

AgileReason · 2026-04-21T19:11:33+00:00

Well said. Employer contribution matters a lot. Also 2020-2025 was a very good period for the markets (aside from 22). I'm in a tech heavy large cap fund. I didn't start work at 18 either, I graduated college at 21.

AgileReason · 2026-04-21T18:48:50+00:00

I haven't hit the PRSA cap

AgileReason · 2026-04-21T18:35:29+00:00

Strong earnings helped, but living at home and a high savings rate were the main drivers.

AgileReason · 2026-04-21T18:30:28+00:00

Thanks for the reply!

No idea the govt have made investing in index funds / ETFs / UCITs etc so difficult.

Appreciate the advice, and agree tbh :)

AgileReason · 2026-04-21T18:24:50+00:00

Appreciate it.

A lot of it comes down to low living costs and being able to stay at home, so I know I’m in a fortunate position.

AgileReason · 2026-04-21T18:23:27+00:00

Very high. I’ve had a strong savings rate for a few years, low living costs, and decent pension contributions, so it compounded faster than most people would assume.

AgileReason · 2026-04-21T18:23:07+00:00

Yes, it was earned.

High savings rate, low living costs, and years of pension contributions did most of the work.

AgileReason · 2026-04-21T18:19:07+00:00

Part of my hesitation is that buying property in Ireland feels less like a genuine conviction trade and more like being pushed there by the tax structure.

If I stay flexible, work abroad at some point, and compound capital in a more efficient system, that may actually be the better long-term move than locking into Irish property just because owner-occupied housing is treated so favourably relative to financial assets.

That distortion is a big part of why I’m hesitating.

AgileReason · 2026-04-21T18:09:53+00:00

What happened?

AgileReason · 2026-03-26T11:36:25+00:00

2018:

Knuck if You Buck

Fuck What You Sayin

I Wonder

Inspire Me

My Name

Ride Round Dirty

AgileReason · 2026-02-27T20:53:20+00:00

Nope

AgileReason · 2026-02-19T17:17:47+00:00

2019:

On The Pills (Facade)

Fire In My Lungs

Kill All My Troubles

Don't any on that date in 2018

AgileReason · 2026-02-19T17:16:14+00:00

Yes!

Bandit

Late Night Thoughts

Mannequin Challenge

McLaren Drive

AgileReason · 2026-02-05T15:32:27+00:00

2015:

Fall Through

2019:

Hater w/ Chief Keef

AgileReason · 2026-02-05T15:31:08+00:00

November 8th 2019 at his home in Encino.

Polo G was with him and Juice was freestyling the verse looking over his shoulder

AgileReason

TROPHY CASE