RETIREMENT INCOME
Combat inflation through capital growth
The main challenge during retirement is to make your capital last as long as possible. The percentage income you draw and your investment performance are the two main determining factors in this instance.
Selecting the appropriate investment income product will help balance the need for reliable income and continuous growth of your invested capital – key to combating the effects of inflation.
What is retirement income?
Retirement income is the part of your investment used to maintain your lifestyle. By law you are required to invest two-thirds of your capital to buy an annuity that guarantees monthly income. The other third can be used to reinvest, buy an additional income stream or settle debt.
Sustain your lifestyle
Ensure you have the money to maintain desired standards
Grow your money
Invest some of your capital to achieve growth-orientated goals
Combat inflation
Guarantee your ability to afford the world of tomorrow
What can it do for me?
The right retirement income product will provide you with certainty and control in terms of your level of income and flexibility in terms of your chosen investment strategy. The right balance will provide you with peace of mind and real capital gains.
Investment option
Selecting the right investment income product for your particular goals and circumstance requires consideration of factors such as the level of income certainty required, level of control over the income, financial requirements of your spouse in event of your death, your current age and state of health. In answer to these and other factors, Absa Investment Management offers our Living Annuity product.
Living Annuity
Provides you with a flexible investment vehicle from which a regular and adjustable retirement income is received.