Annuity vs ARF: What's Best for a €1 Million Pension Pot in Ireland?

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