Living Annuity

• Market-linked, and will fluctuate depending on the performance of its underlying investment portfolio
• You can choose how much you want to draw as income annually (pensioners are obliged by law to take an income from 2.5% – 17.5% per year)
• If the drawdown rate remains below the growth rate of the investment portfolios, you’ll likely have capital remaining to leave as an inheritance once you pass on

This article was prepared by Sanlam Reality.