Daily Maverick Articles #Life annuity

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.

As daunting as it can be, something to think about when investing and reviewing current investments is about what would happen when you die. It's intended for the transfer to be as smooth as possible, but the right structures need to be put in place. Let's discuss what measures you can put in place to ensure that your loved ones are taken care of and have one less thing to worry about should you pass away.

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.

The idea of retiring and having all of your affairs in order can be quite daunting, and there's often much anxiety when it comes to decision-making in this regard. However, as the saying goes, there are many ways to skin a cat. Let's discuss some of the options that are available to ensure a prosperous retirement.

What you should do to ensure that your pension will last.

Going into retirement and deciding what to do with your pension is quite a hot topic, and with many things in life, there's no right or wrong answer. It's a case of choosing what works best within your situation or plan, so let's discuss these options so that you (along with our financial adviser) can make an informed decision.

With the cost of living ever increasing, more people are finding that their monthly drawdowns aren't able to sustain their lives, from lifestyle choices to medical bills. However, with some clever working, you can have a plan set up that allows you to life comfortably while allowing your money to grow at the same time.

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.

What to do if you start using up the capital of your living annuity