The €1m Pension Reality Check: Gross vs Net Income in Ireland

A €1 million pension in Ireland doesn't generate €1 million in income. Here's what it actually pays out, after tax, in 2026. This video breaks down exactly what a €1 million pension pot generates in retirement income in Ireland, once the tax-free lump sum, ARF drawdown rules, and income tax are all factored in. If you're approaching retirement in Ireland with a pension pot around €1 million, this is for you. Whether you're planning as a single person or as a couple. After the tax-free lump sum, the remaining ARF is subject to Revenue's minimum 4% drawdown from age 61. Combined with the State Pension, we work through what that actually nets down to, once income tax and USC are taken out. By the end, you'll know exactly what questions to ask about your own pension pot before you retire and why the headline number on your pension statement isn't the number that matters. 🎙️ Full podcast episode and 📖 Blog: https://www.informeddecisions.ie/post... 📊 Want to check where you are? Try our free 5-minute Retirement Readiness Scorecard: https://www.informeddecisions.ie/pens... 📅 Find out how we work: https://www.informeddecisions.ie DISCLAIMER This video is for general educational purposes only and does not constitute personalised financial advice. Everyone's situation is different — always speak to a qualified, independent advisor before making pension or investment decisions. Tax rules and pension regulations change; figures quoted are accurate at time of recording. #IrishPensions #ARFIreland #RetirementIncomeIreland #PensionPlanningIreland #RetireInIreland