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Monthly Cost of an Annual Pension
equivalent to €10,000 in today's terms

Assumed rate of inflation 5% p.a.

Assumed rate of premium growth 5% p.a.

Pension Age 60					Pension Age 65
Age at entry next Birthday	Pension required at age 60	Fund required to provide pension	Gross monthly cost	Net monthly cost (44% tax)	Age at entry next Birthday	Pension required at age 65	Fund required to provide pension	Gross monthly cost	Net monthly cost (44% tax)

30	43,219	670,992	300	168	30	55,159	752,646	211	118
31	41,161	639,640	315	176	31	52,533	715,750	220	123
32	39,201	605,653	329	184	32	50,031	681,960	230	129
33	37,334	573,552	344	193	33	47,649	647,957	240	134
34	35,556	541,402	359	201	34	45,380	618,964	252	141

35	33,863	510,788	375	210	35	43,219	589,327	264	148
36	32,251	482,784	393	220	36	41,161	561,390	277	155
37	30,715	457,518	411	230	37	39,201	529,270	288	161
38	29,252	431,092	431	240	38	37,334	501,008	301	169
39	27,859	408,107	455	255	39	35,556	474,258	315	176

40	26,533	386,844	482	270	40	33,863	448,778	330	185
41	25,269	364,630	509	285	41	32,251	424,367	346	194
42	24,066	344,273	539	302	42	30,715	399,629	362	203
43	22,920	325,832	574	320	43	29,252	378,133	381	213
44	21,828	307,405	611	340	44	27,859	358,454	400	224

45	20,789	290,465	654	366	45	26,533	337,575	421	236
46	19,799	274,446	703	394	46	25,369	319,222	446	250
47	18,856	260,222	762	426	47	24,066	301,868	473	265
48	17,956	245,654	827	463	48	22,920	284,819	502	281
49	17,103	230,731	899	503	49	21,828	269,474	536	300

50	16,289	218,495	993	556	50	20,789	254,304	573	321
51					51	19,799	241,106	618	346
52					52	18,856	227,970	668	374
53					53	17,959	216,113	728	408
54					54	17,013	203,930	795	445
55					55	16,289	192,430	875	490

Notes:
1. The estimated fund at retirement assumes an average growth rate of 8% gross in our Unit Linked funds. Future rates of return may be greater or less than shown, depending on future investment conditions and are not guaranteed. Premiums are assumed to increase at 5% p.a. throughout the term.

2. The pensions shown assumes a rate of Annuity in accordance with guidelines laid by the Irish Insurance Federation. The pensions quoted are payable monthly in advance, for a guaranteed minimum period of 5 years and for life thereafter, and remain level throughout.

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