Many people have a life-time income in retirement on their bucket list. Yet few do so, a state of affairs that might be changing as the 2022 Retirement Income Covenant requires super funds to pay closer attention to members either approaching or in retirement.
Strategy
“Tis said that persons living on annuities are longer lived than others – God knows why, Unless to plague the grantors – yet so true it is That some, I really think, do never die.” Lord Byron may have over-estimated annuities’ effect on longevity, but as a notoriously profligate spender he would have […]
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