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Retirement Consultation

Welcome to the last leg of your retirement journey!

Making best use of your lump sum



Upon retirement, the DES will provide you with a detailed breakdown of your pension calculations.

It's crucial to review this document promptly and notify the DES if any discrepancies arise. Addressing errors early simplifies the resolution process.


Ready to fast-track to the finish line and secure your consultation now? Click here to book your appointment!


As you approach retirement, crucial financial decisions lie ahead regarding the utilization of your pension fund to support both your and your family's future needs.

Key considerations include determining how to generate retirement income from your pension fund and whether to allocate remaining funds to your dependents upon your passing.

Your available options for managing your pension proceeds depend on your employment category and current pension plans. Based on your unique circumstances, various retirement options are available:

Opting for a tax-free lump sum of up to €200,000 (subject to Revenue rules) and allocating the remaining balance towards

  • Purchasing a pension income for life (Annuity)
  • Investing in an Approved Retirement Fund (ARF)
  • Taking a taxable lump sum

Selecting the optimal retirement option involves evaluating several factors, such as:

  • The size of your retirement fund
  • Expected income needs for yourself and dependents during retirement.
  • Additional assets beyond your retirement fund
  • Preferences for investment growth versus security in retirement
  • Desire to pass on funds to dependents.
  • Current health status

As you near retirement, we're here to guide you through these crucial decisions by:

  • Offering comprehensive financial advice on available investment options
  • Providing guidance on maximizing your AVC/PRSA benefits
  • Assisting in optimizing your financial strategies for retirement

Congratulations on nearing this significant milestone, and we're here to support you every step of the way towards a fulfilling retirement journey.

Warning: The value of your investment may go down as well as up.