Daily Maverick Articles #drawdowns

Something I come across very often is that people more advanced in their years really struggle to keep up with the cost of living in our ever-modernising world. This is often due to the fact that their retirement monies aren't structured in such a way to ensure sustainability. Let's take a look at how some savvy decision making can increase your pension, and with that, your quality of life.

When you invest for retirement, the point is, as straightforward as it may sound, to invest for the long haul. However, having too high a drawdown rate could foil those plans and leave you stuck in the mud. Let's discuss how you could circumvent this issue and save your future before it's too late.

For most people, all the terminology surrounding things in the financial space can be quite daunting. Let's take some time and discuss all there is to know about managing drawdown, and the pro's and con's of living and life annuities.