Retiring can be fraught with decisions which impact the rest of your life. Don’t make choices that you’ll regret. A blend of the two is a useful option, mixing the certainty of a life annuity with the flexibility of a living annuity. Image: AdobeStock Retirees looking to earn an income from their retirement savings have two options: a living annuity and a guaranteed annuity.
A living annuity is an investment-type product which allows you to continue growing your savings in the market while drawing an income based on the growth of your investments. A guaranteed annuity on the other hand […]
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