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For an EU citizen : Work-Live-Retirement in Ireland

Hello to all,
I know that an EU citizen can move and live-work-retired in Ireland. After complete 5 years he can ask for Irish citizenship. He needs to work for 10 years to have right to receive retirement when he will be 65.
This is correct or not. Anyone that knows or have his/her own experience can give some information ?
Thanks.

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