Podcast150: Using Annuity and ARF for Pension Income

22:04
 
Share
 

Manage episode 241274433 series 1258775
By Paddy Delaney, Paddy Delaney (Parent, Qualified Planner, and Executive Coach). Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Welcome back to Ireland's award-winning Financial Planning Blog & Podcast, with me Paddy Delaney. Delighted you have decided to join me! This week we are going to explore an approach to retirement income planning that I mentioned months ago. It is customary for retirees in Ireland to decide to generate pension income by using either an annuity, or an ARF. In Blog113 we explored the pros and cons of both of these in isolation. However, as we like to look at things a little differently here we're going to dissect the merit or otherwise of using a combination of the two.

If you google it you'll find millions of results for articles and pieces outlining why an ARF or why an Annuity, but you might struggle to find one which addresses the topic we are about to! We will briefly summarise the probable outcome from using an ARF only, an annuity only, and only then will we analyse using a combination of both.

Paddy Delaney RPA QFA APA

161 episodes