What is a retirement drawdown calculator?
Due to an aging population and longer life expectancy, the post retirement market in Ireland is growing, so we designed a tool to help you consider the different options available at retirement. A Retirement Drawdown Calculator is a tool which helps you choose between different types of retirement funds.
The post retirement market in Ireland is made up of Approved Retirement Fund (ARF) products and Annuity products. There are key differences between the two products, so we developed a Retirement Drawdown Calculator to help our customers understand what their options are and whether an ARF or Annuity suits them best.
This handy calculator compares the relative income and benefits of an investment in an Approved Retirement Fund (ARF) with those of an Annuity. Summary figures are shown and you have the option of creating a personalised PDF report.
You can choose to run the calculator using any of our five Prisma Funds, the Balanced Fund or the Global Targeted Returns fund (Invesco). You can also choose to use one of our RetireRight investment strategies.
When choosing a post retirement product, having all the information you need is key. Sound advice is invaluable, so it's a good idea to seek advice from a financial advisor. An independent financial advisor can guide you through the process and help you select the right pension plan for your circumstances. You can find a local financial advisor near you with the Zurich Advisor Finder. Alternatively, our Financial Planning Team can provide you with more information about Zurich's pension plans and options.