If you're retiring in Ireland with around €1 million in pension savings, one of the biggest questions you'll face is whether to take income from an ARF (Approved Retirement Fund) or to buy an annuity.
In this episode, I break down both options in plain English — what they mean, how they work under Irish tax rules, and which might suit your lifestyle and risk appetite.
Key Points:
What's an ARF?
What's an Annuity?
Typical Income from a €1m Pension
Taxation
Pros and Cons
I hope it helps