How long will my ARF last? Taking a conservative average growth rate of 3.25% (net of charges), a client with €863,500 at age 62 taking a level income of €50k p.a. would maintain that income until age 86, a lower income of €38k the following year (age 87) before the fund is exhausted. Were the client to die during this period, the remaining fund would go to their spouse / family. Had the client purchased an Annuity at age 62, they would have the mortality risk, and it would only provide a level income of €35,000 per annum (approx.) based on a single life Annuity or less if the Annuity was set up as Joint Life. If you would like to discuss your situation in more detail, don't hesitate to contact us using the form below and we would be happy to assist you. There would be no charge for the initial consulatation.