Most Irish Retirees Get Their Lump Sum Timing Wrong. The €97,000 Mistake

How much tax will you really pay on your pension lump sum in Ireland? 👉 Book a free discovery call: http://tiny.cc/lkat001 Most Irish retirees take their full 25% tax-free lump sum on the day they retire. It's the standard advice — and that one default decision could cost you tens of thousands of euro. In this video, I break down exactly why timing your lump sum matters in Ireland — using two retirees with identical €600,000 pensions, real numbers, and the same Revenue rules. Twenty-three years later, one is roughly €97,000 better off. Same fund. Same returns. One different decision. 🔎 What's covered: pension lump sum Ireland, 25% tax-free lump sum, when to take pension lump sum Ireland, splitting PRSA before retirement, phased pension drawdown Ireland, Benefit Crystallisation Event explained, BCE Ireland, ARF taxation explained, imputed distribution ARF, €200,000 lifetime tax-free limit, pension tax planning Ireland, PRSA splitting strategy, crystallisation timing Ireland, retirement tax bands Ireland, standard rate band planning, income splitting spouses Ireland, ARF inheritance spouse Ireland, uncrystallised PRSA inheritance, pension vs ARF tax Ireland, tax-efficient drawdown strategies, retirement income planning Ireland, rental income retirement tax Ireland, deferring crystallisation to age 75, Standard Fund Threshold Ireland, Chargeable Excess Tax, pension planning Ireland, wealth preservation Ireland, retirement cashflow planning, Irish financial planning, reducing tax in retirement Ireland