On 18 July 2018, I told readers that buying an annuity at retirement was a more secure way to ensure you don't run out of money. Rather than taking a lump sum and managing it yourself.
Following this article, I received the following letter from G:
I read your email regarding retiring with R5.5 million and receiving a monthly income of R46,777 guaranteed for life.
I just d... ››› more
It appears that nothing about preparing for retirement is easy. But as with most important things in life, it's all comes down to the planning. If you've decided you're going to buy an annuity with your retirement savings, what are your options? There are a wide array of annuities to pick from. Let's take a closer look at five of the most popular…
Annuity #1: A level annuity
This is the most... ››› more
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