• Should we keep life insurance cover

• Is there a financial need

• Section 72 policies

• Death in Service Benefits while employed

• Income protection

In this week's podcast, I talk about how much income will €1 million generate in retirement.

Planning for retirement in Ireland involves making important decisions about how to generate reliable income from your pension savings (assuming you use pensions as part of your strategy!).

We're going to take the case of our illustrative friend, Harry Houdini, who managed to escape from high-strain corporate role at the ripe young age of 55!

Key points:

• Buying an Annuity to generate income
• Using an Approved Retirement Fund (ARF) instead
• Pension drawdown considerations
• How much income will a €1 million pension pot generate?
• How do you make it last?

I hope it helps!

In this week's podcast, I chat with Paul Molloy from Box Clever Tax. His motto is "to help clients pay the correct and lowest amount of tax possible."

Key topics

• Investing in property
• Air B & B taxation
• Pensions and the fact that he's not a fan (we'll agree to disagree)

I hope it helps.

Box Clever Tax

Atomic Habits by James Clear

Paul on LinkedIn

If you're like most people we work with, as you approach retirement , you've probably found yourself asking the question: 'How much do I need to retire comfortably?'

It’s one of the most common questions we get here at Informed Decisions, and it’s a crucial one to address, especially with the financial landscape constantly shifting!

In this podcast, we’ll break it down step by step, using an example to give you a practical sense of what your retirement might look like financially, based on prudent and best-available assumptions.

I hope it helps.

This week I take a look at Pension Adjustment Orders.

Pension Adjustment Orders are things that none of us probably anticipate we need to know about, until we do. This week I will share the following, in the hope that it might help you or a loved-one;

• What is a Pension Adjustment Order?
• What type of pension benefits does it apply to?
• What is a Contingent Benefits Order?
• How do you divide or split the pension benefits following a PAO?

I hope it helps.

In this week's podcast, I take a look at lump sum invested vs dollar cost averages €1m in Ireland.

Key topic points:

• Pros and cons of Lump Sum Investing and Dollar Cost Averaging
• A 'look-back' to see which has been most profitable for €1m invested in Ireland
• A look-forward to see which might be most profitable in future
• Investing when markets are deemed to be 'High'
• My conclusion

I hope it helps!

In this week's podcast we have a fantastic, informative chat with awarding winning, international expat tax advisor, KPMG chartered accountant, and tax specialist, Stephanie Wickham.

Key topics include:

• Responsibilities for US Citizens living in Ireland (annual returns/pension income management/how to be compliant)
• Considerations for people who are retiring and thinking of spending time/large portions of the year in Portugal/Spain/Non-Eu
• Tax domicile
• Non property assets

I hope it helps.

Expat Taxes

No Rules Rules: Netflix and the Culture of Reinvention

In this week's podcast I talk about Guardrails for Irish retirees.

One of the big questions I hear from clients heading into their 'next chapter' (blissful retirement!) is: how much can I actually spend each year without running out of money?

It’s a great question – and one that deserves a well-thought-out answer. As financial advisors, it’s part of our job to help you figure that out, and there are a few different ways we can go about it.

• Take what Revenue tells you to!
• OR
• Take a dynamic approach each year, to try optimise your income and legacy

I hope it helps!